Word: nationalizations
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...past donations suggests that Goldman and its employees will have to do a better job of choosing their charities if they hope to get the maximum image boost. Among the roughly 450 nonprofit organizations that Goldman employees donated to through the voluntary program in 2008 are some of the nation's most élite private schools. One of the largest recipients of Goldman money in 2008 was New Jersey private school Rumson Country Day School. Also on the list are Choate Rosemary Hall, Lawrenceville and Spence. Top colleges got their share of Goldman largesse as well. Harvard, Stanford Graduate School...
...people with you. "Organizational malfeasance in general depends on this kind of risk analysis," says Siler. "Look at a place like Enron. People took a lot of small chances and won, then took big chances and lost big." Indeed, Siler points out, during the recent financial crisis, an entire nation - Iceland - went bankrupt in a similar way, trusting high-risk, high-reward investments that quit paying...
...Since that poll left Democrats in the state and the nation's capital panicked about a possible upset, a Boston Globe poll found Coakley leading by 15 percentage points and one from the Mellman Group - albeit a Democratic-leaning organization - showed Coakley with a 14-point lead. But more important than the surveys themselves, the Massachusetts Democratic leadership seems to have been awakened by the closeness of the race - as, Coakley hopes, have been Democratic voters. (See Game Change: Why Harry Reid Said What He Said...
...play of political succession: the hero is Hussain, grandson of the Prophet; the villain is Yazid, the usurper of the Caliphate; and each year on the holy day of Ashura, their bloody conflict is re-enacted as a Shi'ite cri de coeur. Iran, the pre-eminent Shi'ite nation, commemorated Ashura amid its own power struggle. Tens of thousands took to the streets, chanting, "We are the army of Imam Hussain ... supporters of Mir-Hossein." Hussain had become Mir-Hossein Mousavi, the declared loser in last June's presidential election to the "usurper" Mahmoud Ahmadinejad. The authorities reacted ferociously...
...title of your Dec. 14 issue, "It's His War Now," demonstrates a problem with modern media. While our young men and women are suffering physical and emotional calamities overseas, the talking heads and magazine editors remain obsessed with declaring winners and handicapping horse races. We are a nation at war, and this war, like all others, does not belong...