Word: meanly
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...Does this rescue mean Citi's stock is a buy? With the government injecting a total of $27 billion into Citi and getting warrants to buy more shares, existing shareholders will be diluted - in other words, every shareholder now owns a smaller slice of the business. On the upside, the government's involvement has already sent the stock on a mini tear, to $5.95 at Friday's close, up from last week's low of $3.77 (about the cost of an ATM fee at one of Citi's branches, as one commentator pointed out). (See 10 things to do with...
...system had produced outdated, uncompetitive companies and a near bankrupt government. India only started to boom once intrusive state regulation was scrubbed away, in a bold reform effort led by Manmohan Singh (the current Prime Minister) beginning in 1991. "I've come to the conclusion that equity does not mean filing of more regulation of private enterprise," Singh once explained. "Those who create wealth must be given all possible encouragement." (See pictures of the recession...
...other women’s groups, for example, had issued sharply-worded statements of protest earlier this month, harking back to Summers’ turbulent tenure as Harvard’s president. “I’ve heard nothing negative—that doesn’t mean that people haven’t said negative things,” Zeckhauser said. “But public discussion has been overwhelmingly positive and that sort of suggests that the nation is in a difficult situation and we need the best person...
...hostile to the notion of a Game-inspired festival of self-celebration, a surprising counterpoint to the self-obsessed character many ascribe to our student body. Whether this sorry record is fuelled by a collective lack of interest in football or a collective inability to become excited, it must mean something...
...peacekeeping a stopgap solution rather than a long term one? If so, does that mean peacekeeping can never have great moments of achievement? There are a number of peacekeeping missions. We try to be a help to the process of national political accommodation. We can never substitute for that, however; only bolster the forces taking part and help stabilize the nation. We assist the national process, but we do not replace it. We're not NATO. We're not an army of occupation. We're not a colonial army. We're never going to take on points of responsibility that...