Word: mudding
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Weill, says a longtime friend, has become "horrified and embarrassed" by the mud-spattered image of Citi, which stands accused of unethical and illegal behavior on multiple fronts. Among the alleged transgressions: doling out shares of hot IPO shares to WorldCom executives in a bribelike manner to win banking business, devising complex financing to help Enron conceal debt and having stock analysts hype the shares of companies that were investment-banking clients. While Salomon Smith Barney was making the VIPs rich, another Citi subsidiary was charging consumers high fees and above-market interest rates on loans, according to charges Citi...
...movement thus far has pressed up against a question that didn't complicate the fight against apartheid: At what point does opposition to Israeli policy slide into the mud fields of old-fashioned anti-Semitism? At U.C. Berkeley on the first night of Passover, someone threw a cinder block through the glass door of the campus Hillel center for Jewish students and spray painted the words F--- JEWS on the wall. Around the same time, Jewish students were assaulted on their way to or from campus. Though there's no evidence to suggest a link, the divestment campaign turned into...
...ceos who sent investment-banking business to Citi. Spitzer is still digging for dirt, so any deal may be several weeks away. But playing to fat cats at the expense of retail investors is no longer defensible. Weill, says a longtime friend, has become "horrified and embarrassed" by the mud-spattered image of Citi, which stands accused of unethical and illegal behavior on multiple fronts. Among the alleged transgressions: doling out shares of hot IPO shares to WorldCom executives in a bribe-like manner to win banking business, devising complex financing to help Enron conceal debt and having stock analysts...
...which is unfortunately “everywhere this season.” Being able to speak fluent brown, it seems, is an essential skill in fashion journalism. My efforts—“donkey,” “cocoa,” “mud,” “snuff” and “tobacco”—were admittedly unappealing...
Some franchisees agree that slackers should get the boot. "They're dragging the brand through the mud," says Edward Bailey, who owns 44 stores in Dallas and has helped keep his business booming by decorating some of them with Ralph Lauren wallpaper and marble bathrooms. Others disagree, claiming that McDonald's is simply making scapegoats out of franchisees and that discounting helps the corporation at the franchisees' expense, since McDonald's takes in royalties on total sales, even as individual owners are stuck with shrinking profit margins. Though stressing that McDonald's will no longer shy away from forcing...