Word: morganize
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...been nine months since Mugabe formed a coalition government with his chief rival Morgan Tsvangirai, but Harare is not yet able to provide adequate health facilities for its citizens. Most residents in the capital and its environs depend mainly on the U.N. and other international agencies. Tsitsi Singizi, a UNICEF official, says her organization is not anticipating huge deaths as was the case last year. "After it was realized that cholera was inevitable this year, there has been a lot of planning and preparing ahead of the rainy season. You cannot say with certainty but [cholera] is not likely...
...fall of Lehman. It's the key battle, in a sense, since Lehman was a major force behind the subprime-mortgage bonds that were the culprits in the collapse. Gasparino is particularly good at capturing--via the profane, telling quote--the high-noon drama of the meltdown. When Morgan Stanley CEO John Mack tells Lehman boss Dick Fuld, "There are rumors that you guys are in trouble," Fuld, the "Gorilla of Wall Street," answers with tough-guy bravado, "It's bullshit." Lehman's stock price was soon in free fall...
...leading medical organizations to base their advice on scientific data, rather than an assumption that more screening always leads to better prevention. "Physicians have a hard time letting go of screening tests that make them feel comfortable," says Dr. Karen Soren, director of adolescent medicine at New York Presbyterian Morgan Stanley Children's Hospital. "The larger view is that screening is always good. But it's also good to reassess and take another look every once in a while...
...everything—brains, looks, social connections, a sense of humor—that we tear down and pick apart. Nobody should have a beach house in Antigua and a summa thesis. Nobody should be a Class Marshal and a Rhodes Scholar. The person who got that job at Morgan Stanley is a “moron.” Our friend working for his senator is an “alcoholic...
...billion in bank-bailout funds? Because $500 billion felt too small and $1 trillion politically impossible; one staffer, charged with justifying the figure, laughed "at the absurdity of it all." Sorkin's meeting-by-meeting account reveals just how close we came to any number of alternate realities: Morgan Stanley going bankrupt, AIG refusing government money, Goldman Sachs buying Wachovia. The detail is comprehensive and chilling, but the big picture is incomplete. The story of how the financial system arrived at such a brink and of the social and political fallout will have to be told by other books...