Word: morely
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Nonetheless, for now, Moynihan seems to be making more friends than enemies. So far, his boldest moves have to do with consumers. First of all, in February, the bank stopped charging customers overdraft fees on debit-card purchases they couldn't afford. Instead, when someone doesn't have enough money...
Then in late March, the bank became the first major lender to say it would reduce loan balances of homeowners who owe more than their property is worth. Most other banks have only been willing to lower interest rates. Writing down loan balances for such "underwater" homeowners, while costly for...
"This is a new and interesting twist in a long, bizarre and extremely worrying saga," says Phelim Kine, an Asia researcher with New York City-based Human Rights Watch. Gao says he is now living on Wutai Mountain, the site of several dozen monasteries in China's central Shanxi province...
A passionate Atlanticist, Brown confided to TIME in an interview two years ago, "I love the States." He added, "America is still a beacon to the world for its defense of liberty and support for individual opportunity." His two main parliamentary opponents, who will square off against Brown in elections...
The 1999 Chechen war was precipitated by a series of deadly apartment bombings in Russian cities, including Moscow, and human-rights activists have warned that new terrorist attacks could lead to more military campaigns in Chechnya or the other violence-wracked parts of the North Caucasus - Ingushetia and Dagestan. The...