Word: nettings
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...recent note to clients, analyst David Hendler of research firm CreditSights wrote, "Net-net, we believe that the announced actions are considerably dilutive to the company's shareholders, yet they could put to rest the dire perception that many investors had about Fifth Third, at least...
Last year China Construction Bank's net profit soared 10% to $11.9 billion. In the same period, Bank of America, which at the time owned some 19% of the Chinese lender, earned just $4 billion, down 73% from 2007. That's all you need to know to understand why Bank of America in May sold a 5.8% stake in China Construction Bank for $7.3 billion. Bank of America has been so badly hurt by the U.S. financial crisis that it needs to raise billions of dollars to recapitalize. Meanwhile, Chinese banks are making money hand over fist as China...
...Internet generation. With enlightened leadership and our own willingness to step forward as civic participants in forming the collective consciousness of America, we can combine the power of the net and the power of our fundamental law to transform and project our understanding of ourselves. By opening the process of our courts to public access through the net and restoring the American jury to its rightful place in our democracy, I believe we will once again live the essential meaning of a government of the people under law, and represent this ideal to the world...
...given his previous findings on the issue, his hunch is that television probably isn't the ideal medium for promoting real interaction between parent and child. If it were, he argues, then the net effect of having the TV on, whether in the foreground or in the background as noise, would have been richer and would have led to more sustained exchanges and conversations...
Professional tennis players call it "the Luxilon shot," and, apparently, you can hear it coming. The ball crosses the net hissing and spitting like some enraged tropical insect. Its most lethal element is its topspin, which can dip the ball crosscourt in short angles so extreme that "the game has gone from linear to parabolic," as ex-pro turned coach Scott McCain recently put it. "It's like ping-pong out there...