Word: millioned
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...created a Michigan Land Bank to assemble properties so that we can not just auction them but make them available for job providers. The bottom line is, Detroit was built as a city for 2 million, and it's got less than a million people now, so we've got a lot of vacant space...
...months, the world watched as allegations of voting fraud threatened to thwart the apparent re-election of Afghan President Hamid Karzai. After the country's election-complaints board threw out a million suspicious ballots, Karzai refused to accept the results. On Oct. 20, after intense diplomatic lobbying by the U.S. and other international partners, Karzai at last announced he would acquiesce to a runoff with his rival, former Foreign Minister Abdullah Abdullah. And yet the holding pattern continues. The vote, which Karzai is favored to win, is scheduled for Nov. 7, but it's unclear that this round will...
...apparent bid to boost its ranks by capitalizing on a rival's internal friction, the Vatican said it would make it easier for Anglicans to join the Roman Catholic Church while retaining their own traditions. The world's 80 million Anglicans have grown increasingly divided in recent years over their church's stance on same-sex unions and the ordination of women and gays, prompting fears of a schism. Some analysts say the Vatican's move could be perceived as predatory, potentially imperiling efforts in recent decades to foster dialogue between the churches...
Prosecutors in Manhattan said they broke up a major insider-trading ring, the largest ever centered in the hedge-fund industry. Raj Rajaratnam, a billionaire co-founder of the Galleon Group, and five others were arrested and charged with earning $20 million off stock trades on the basis of information unavailable to the public. Rajaratnam, whose firm manages $3.7 billion, allegedly relied on a broad network of sources, including executives at IBM and McKinsey & Co., for lucrative tips; one leak about a Google earnings report yielded his firm $8 million in profits in 2007, authorities said. The investigation...
...What They're Guaranteeing in Finland: Forget life, liberty and the pursuit of happiness. How about the right to high-speed Internet? On Oct. 14, Finland announced plans to ensure that its 5.3 million citizens have access to a 1-megabit-per-second broadband connection by July 2010 and a 100-megabit-per-second connection by 2015. Government officials say Finland is the first nation to make broadband access a legal right...