Word: neighborhooding
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...turning out to be the most cumbersome and embarrassing of the government's neighborhood improvement projects. Word made it out recently that employees in the division that caused most of AIG's losses would be getting $450 million in bonuses. Some of the media put the number lower than that, but Congress and The White House have already complained loudly that any amount of money paid to an operation that helped undermine AIG's viability should get nothing. Edward Libby, the feckless former head of Allstate (ALL) who was brought in to turn AIG around, apparently did not know about...
...walking tour of Allston and Brighton Saturday morning, local residents reiterated their concerns about the slowdown in construction of Harvard’s Allston Science Complex, but also said the University should focus on finding “creative solutions” to improve the current state of the neighborhood...
...Fulwood isn't the only Western expatriate to take up residence in the cheaper peripheries of this Southeast Asian city. An English teacher and community volunteer whose duties include helping integrate Westerners into the Bukit Panjang neighborhood, the 30-year-old Englishman sees a small but steadily growing number of Americans, Australians and Europeans in the fluorescent-lit coffee shop where locals often gather after work around cold pitchers of beer. These foreigners are economic refugees of a sort. Because of the global recession, expat bankers, traders and corporate managers have lost their high-paying jobs with multinational corporations...
...Just a few years ago, when an economic boom was pulling a flood of Western professionals into Singapore, a Western face in a working-class neighborhood like Bukit Panjang was a rare sight. According to investment bank Credit Suisse, Singapore's population grew 18%, to about 4.8 million, from 2004 to 2008. More than three-quarters of that growth, Credit Suisse estimates, came from newly arrived foreigners taking lucrative positions at expanding private banks, oil-exploration firms and shipping companies. Foreigners filled 61% of the 796,000 jobs created in Singapore during that four-year period...
...neighborhood in Mosul (and Iraq) that likely has the most sig acts per day is Ras al-Koor. It is also Mosul's oldest neighborhood. On a clear afternoon in the week of the Prophet Mohammed's 1431st birthday, the week before the sixth anniversary of the U.S. invasion of Iraq, an American infantry platoon was walking a loop around the neighborhood...