Word: morganize
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...depressing pattern - vitriolic, ineffective attacks from the West; silent or unhurried action from Africa - has begun to change. Since February, when MDC leader Morgan Tsvangirai was installed as Prime Minister, the focus has shifted from securing a deal to heal Zimbabwe's political divide, to implementing it. (Read: "Can a Team of (Bitter) Rivals Heal Zimbabwe...
...Henry Paulson for allowing AIG to pass along much of the money it received from the government to Goldman Sachs and other investment banks. Geithner was also asked whether he thought the government's bailout efforts, which have actually allowed a number of banks like Bank of America, JP Morgan Chase and Wells Fargo to grow, has only exacerbated the too-big-to-fail problem in the banking business...
...manned fighter planes, that the total number of military drones has increased drastically from 167 in 2001 to 5,500 today, that under Obama’s presidency alone we’ve already ordered dozens to eliminate al Qaeda and Taliban operatives? CNN.com blithely reports on one Major Morgan Adams, who pilots a Predator sending Hellfire missiles into Iraq and Afghanistan: “He kisses his wife goodbye, drives to Creech, a tiny desert air force base in Nevada, and within minutes could be killing insurgents on the other side of the world.” Now soldiers...
...Some argue that overtightening is not the fundamental problem, however. Former Morgan Stanley star analyst Andy Xie, now an independent economist, questions the quality of China's recent growth. "The present economic 'recovery' began in February as inventories were restocked and was pushed up by the spillover from the asset-market revival," he contends in a recent opinion piece in Hong Kong's South China Morning Post newspaper. "These two factors cannot be sustained beyond the third quarter...
...Blankfein was on partner track at Donovan, but then he had what he calls a pre-midlife crisis and decided to make the switch, if he could, to investment banking. He applied for banking jobs at Dean Witter, Morgan Stanley and Goldman. He did not make the cut in Goldman's famously exhaustive recruitment process (or at the other two firms either). "It wasn't a nutty decision. I was a lawyer," he says. "I didn't have a finance background." Instead, in 1982 he landed a job as a gold salesman for J. Aron & Co., an obscure commodities firm...