Word: marches
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...intercontinental ballistic hissy fit." On April 5, the North made good on its plan to launch a Taepodong II rocket, an armament with a range of about 2,500 miles to 2,800 miles (4,000 km to 4,500 km), which would bring Hawaii within its reach. On March 31, Pyongyang announced that it will charge two young American journalists with "hostile acts," claiming that they strayed into North Korean territory from northeastern China. And despite a worsening economy, the regime said it would toss out international-aid workers who were delivering desperately needed food rather than accede...
When news of his death on March 27 at the age of 86 was announced by his family, it was accompanied by a stylish and anecdotal 3½-page tribute that recalled his coverage of the Korean War; how he'd become the first American television reporter based in Moscow during the Cold War; and his assignments in Rome, Tokyo and Vienna before his pioneering work as a full-time economics correspondent...
...Street kingpins at his party, remains gainfully employed. His pay at Blackstone dropped to $350,000 in 2008 from $180 million the year before, but he'll manage. The failure of a hedge fund run by Carlyle Group, another big private-equity firm, played a bit part in the March 2008 minipanic that brought down Bear Stearns, but Carlyle as a whole is still chugging along. Private equity may not be thriving, but it is at least still standing. (See 25 people to blame for the financial crisis...
...Rubenstein didn't deny that easy credit also boosted profits. And at the Buyouts East conference in New York City in late March, I heard another industry veteran, George Siguler of the firm Siguler Guff & Co., paint a grim picture of private-equity returns in a deleveraging and struggling economy. "The available universe of companies that buyouts can buy is essentially mediocre companies, and mediocre companies are going to have a much tougher time," he said...
Under his predecessor, Gov. Eliot Spitzer, Paterson and his colleagues began to work on new legislation that would replace punishment with treatment where needed, even in the case of some first offenders who pled guilty. The result was an agreement on March 25 between Paterson and state legislators on a bill that would give judges more discretion in sentencing by eliminating mandatory minimums for some higher-level drug offenders and making lower level offenders eligible for treatment...