Word: lynching
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...grenades, machine guns, and even tanks to attack a small column of supply trucks that had taken a wrong turn into enemy territory. The ambush cost the United States eleven of its finest and also resulted in the capture of seven brave American soldiers, including the now-famous Jessica Lynch...
...Bill swam really well.” Many other swimmers claimed additional firsts for the Crimson, including junior Dan Jones in the 200-yard butterfly and freshman Jordan Diekema in the 100-yard backstroke. Wollner, sophomore Jordan Waterman, senior co-captain Geoff Rathgeber and junior Eric Lynch also added first place victories to Harvard’s total. However, the Crimson will have to use the momentum from these past meets as they face two of their more challenging opponents this coming weekend in New Haven. “Our focus is for the meet this weekend...
...clear that mild and short is what the U.S. will get. Merrill Lynch & Co. put out a chilling forecast on Jan. 22, saying that the U.S. housing debacle has a long way to run. According to Merrill, nationwide home prices could fall 25 to 30 percent from present levels, which, if true, would put U.S. consumption on ice for a prolonged period...
...absorbing some $100 billion in losses. Citigroup, reeling under the weight of its own sub-prime damage, announced a $9.8 billion loss for the fourth quarter of 2007, forcing it to seek $12.5 billion in new capital from investors including sovereign wealth funds run by Kuwait and Singapore. Merrill Lynch was also combing the world for cash in the face of yet another write-down, expected to be $15 billion...
...next week's fourth-quarter earnings will be profitable but disappointing, and he expects to set aside $3.3 billion in write-downs. So days after the Countrywide deal, Lewis announced a restructuring of BofA's struggling investment-banking business, including a round of 650 layoffs. Unlike Citi and Merrill Lynch, BofA has never made the grade as a big hitter in investment banking...