Word: modeles
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...Obviously, this is not a positive for Pandit," says Michael Holland, a money manager and the former chairman of Salomon Brothers Asset Management, which was acquired by Citigroup. "Being big everywhere is the business model he has chosen. That means when there are losses anywhere you are going to get hit." Things were booming there back in 2008 when Citi sent Verme to the gulf state - from 2004 through 2008 Citi's revenues from the region grew at a 30% average annual rate. He had run the bank's Latin American operations before being promoted to co-head of investment...
...regulation of financial markets, and has since encouraged a tighter relationship with Berlin. Last week, Sarkozy even started a public fight with British Chancellor Alistair Darling by bragging that the appointment of a French official to oversee E.U. regulation of financial markets was both a "victory of the European model, which has nothing to do with the excesses of financial capitalism," and a chance to "clamp down on the City [London's financial hub]" - a threat Darling described as "self-defeating" and "a recipe for confusion." (See pictures of Sarkozy...
Kentucky joins more than 365 U.S. colleges and universities that in recent years have instituted antismoking rules both indoors and out. In most places, the issue doesn't seem to be secondhand smoke. Rather, the rationale for going smoke-free in wide open spaces is a desire to model healthy behavior...
There are several clever mantras that Meg Whitman chants while she's campaigning to be the next governor of California: "Don't try to boil the ocean" (taking too broad of an agenda to Sacramento), "All roads lead to Florida" (a model of how to fix the education system), "I am not 'kumbaya' about this" (she understands the difficulty of being governor) and, finally, the kind of oversimplified sound bite that is especially maddening to her critics, "You've got to find 20% of the reforms that will get you 80% of the way home...
Then, not long after her husband's confession, Jenny gave an interview to the Associated Press. She was a model of control, revealing just enough detail about the affair to communicate her blamelessness in the events that transpired without letting her situation tip into the pitiable. Wearing a perky printed blouse, she stayed relentlessly on message: she was holding up her end of the deal - if her husband wanted back into the family, he would have to reciprocate. "It's one thing to forgive adultery," she said. "It's another thing to condone it." (Read a two-minute...