Word: marchings
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Madoff pleaded guilty on March 12 to 11 felony counts, including securities fraud, perjury, investment-adviser fraud, mail fraud, wire fraud, three counts of money laundering, false filings with the SEC and theft from an employee benefit plan. The scam's victims included high-profile celebrity names such as actress Kyra Sedgwick, actor Kevin Bacon, director Steven Spielberg, actress Zsa Zsa Gabor, actor John Malkovich, New York Daily News owner Mort Zuckerman and the family trust of DreamWorks CEO Jeffrey Katzenberg, as well as charities, universities, hedge funds, banks and pension funds around the world...
...year, during the height of the economic storm, the bank's pretax profits surged 19%, while assets increased 32% to $435 billion. This was no fluke: StanChart in early May said it achieved record profits in the first quarter of 2009, and its London-listed shares have doubled since March. Such a stellar performance during the worst recession in decades has placed StanChart in the enviable position of being able to gain market share and key talent at the expense of its competition. Standard Chartered CEO Peter Sands, 47, has a simple explanation: "We had a very clear strategy...
...forced disclosure could lead more restaurants to change their offerings. A report by New York City health officials noted that since menu-labeling went into effect last summer, some chains have lowered the calorie counts on certain items. For example, in March 2007, a Chicken Club sandwich at Wendy's was listed as being 650 calories. In June 2008, as the New York law kicked in, the item was 540 calories - a 17% drop. (Wendy's used a lower-calorie mayo to reduce the count, but a spokesman insists menu-labeling played no part in the move. Call...
...governments are already moving. In March, Madrid pledged $1.3 billion to modernize Spain's tourism infrastructure to fight off competition from sunshine destinations like Turkey and Egypt, which have become more competitive as the euro has appreciated. In Spain's Canary Islands, where tourism represents upwards of 60% of the local economy, the municipal tourism board recently began a series of seminars to help tourism workers cast off their perceived grumpiness. Course materials advise cabbies to "ensure your taxis smell nice, and don't drive too fast" and remind hotel staff that "a smile costs nothing...
...sight. Beneath the placid surface simmered frustration and anger--but also traces of hope. "People have come out because they've finally had enough. They're tired of all the lies that [President Mahmoud] Ahmadinejad has dished out," said Massoumeh, 46, who brought her two young daughters to the march. (Like most other Iranians I talked to, she did not want to give her full name.) "They can see the difference between what is being said and what is happening...