Word: meguid
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...least eight bankers have left in a huff over the way the company is being managed, including president Stephan Newhouse; investment-banking boss Terry Meguid; and John Havens, head of stock trading. The fight has got so emotional that hundreds of employees on Morgan's vast New York City trading floor stood and applauded Havens for seven minutes on the day he left, which some saw as a repudiation of CEO Phil Purcell, the former Dean Witter boss who is running the show...
Sweden's Andersson and Egypt's Foreign Minister Esmat Abdel-Meguid told Shultz they still had a shot at persuading Arafat to take the required extra steps. In Geneva, Abdel-Meguid carried his plea personally to Arafat when the two dined together on Tuesday night. In Geneva, U.S. Ambassador Vernon Walters was asked by Momammad Said, a Palestinian-American adviser to Arafat, what Arafat must do to satisfy the U.S. "Just tell him to say in public what he said in private," replied Walters. Said passed this along. Andersson resumed his delicate persuasion, meeting twice with Arafat. The Arab moderates...
...semiofficial newspaper al Ahram accused the country's state-controlled television of "presenting untruths" about the "success" of the rescue mission. Opposition critics charged that Mubarak had played into the hands of the U.S. and Israel by claiming that Libya had been behind the hijacking. Foreign Minister Esmat Abdel Meguid sharply denied , Libya's claim that Egypt was considering a strike against its troublesome neighbor. He added, however, that if Libyan Leader Muammar Gaddafi were to "start a military or aggressive action against us," then "that is another story...
...purpose but showing up, for taking a place in a community of nations. Many African nations see the Games as a chance to become part of international sports. Carlos Giron, a diver from Mexico, views it wider: "You feel like a citizen of the world." Mohammed Abdel Meguid Mohyeldin, secretary-general of the Egyptian Olympic Committee, believes that "participation shows you are interested in humanity, not merely sports...
...that the first step in economic reform is to establish more realistic prices for the seven key commodities. In 1977, when Sadat tried to cut back the subsidies, bloody food riots broke out around the country. Nonetheless, the new government will try to tackle the problem again. Economics Minister Meguid says that the state is planning to embark on a food stamp program early next year that will continue subsidies for the poor and middle class but force the rich to pay the full price. Mubarak also said last week that he plans to direct al infitah toward more productive...