Word: march
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...increasingly relied on investments in derivatives to produce profits, in essence creating a financial arms race with competitors like Goldman Sachs. Even though the Fed had set up a special borrowing program for Lehman and other investment banks after the forced sale of Bear Stearns to JPMorgan Chase in March, the market ultimately lost faith in Lehman. So out it went...
...bomb was detonated at the gates of the embassy. A State Department spokesman said the assault had "all the hallmarks of an al-Qaeda attack," although a group called Islamic Jihad claimed responsibility. The embassy has seen violence several times since 2002, including a mortar assault in March that accidentally hit a high school next door, wounding more than a dozen students...
...turned out I didn't know a whole lot of things. Like that fashion shows are the most serious events in the entire world. Nobody in the audience smiles or talks; the models look like they're on the Bataan death march; and people slowly, lifelessly clap at the end. I've been to political panels, criminal trials, locker rooms of playoff losers, graduate English classes and the Ron Paul convention, and I've never seen people take themselves quite this seriously...
...prominent investment banks became the latest casualties in the financial sector, following in the footsteps of Bear Stearns, which was sold to J.P. Morgan in March in a deal orchestrated—and partially insured—by the Federal Reserve...
...died, but neither was American. Better known was the group's strike in 2000 on the U.S.S. Cole in Aden's harbor, killing 17 U.S. servicemen. Three months before 9/11, Yemeni authorities arrested eight people in a plot to bomb the U.S. embassy in Sana'a. And only last March, there was a failed mortar attack on the embassy compound. Despite the deaths of Wednesday's attackers, the carnage at the embassy in Sana'a is a clear sign that al-Qaeda's deeds in Yemen are far from done. (See Pictures of the Week here...