Word: nov
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...available at all. Just ask investors in Citigroup. The global banking giant has reported billions of dollars of subprime losses, raising concerns that some of Citigroup's assets might have to be sold off at fire-sale prices just to keep the company sufficiently capitalized. But on Nov. 26, New York-based Citi was handed a lifeline by an unlikely rescuer. The Abu Dhabi Investment Authority, a $625 billion sovereign wealth fund run by the tiny Persian Gulf emirate, announced it was forking over $7.6 billion to take a 4.9% stake in the company. While Citi still faces difficulties...
Leadership vs. Loyalty What a brilliant piece Michael Duffy wrote on Rudolph Giuliani and his loyalty to Bernard Kerik [Nov. 26]. Duffy's snapshot provided one of the most concise and intriguing portraits of a political animal that I have ever read. He truly captured Giuliani through the prism of his relationship with Kerik, possibly his closest ally. And the statement made by an operative from a rival campaign on Rudy's pitch - "I'm not a nice guy. But the people you fear, fear me" - was so articulate a description it gave me pause. Carl A. Hulbert, Bellingham, Wash...
Real-Life Enemies As an Argentine, I am very proud of Moreno-Ocampo [Nov. 12]. I want to congratulate him for getting so far in his career and working so hard to bring justice to Darfur. I recognized him right away when I saw his picture in this article, and I wish him very good luck. Elina Salvarregui, NASHVILLE
...since then, Brown has very likely come to know what Stevenson was driving at. Under the headline calamity brown, a Nov. 26 cover story in the political journal New Statesman, previously regarded in Westminster as Brown's cheerleader, marked the Prime Minister's astonishing plunge from grace. Pollsters have tracked that vertiginous descent. In opinion polls, Labour led the opposition Conservatives by some eight percentage points in September; two recent surveys show David Cameron's revitalized party ahead by 11 points, the most substantial lead it has enjoyed over Labour since Margaret Thatcher was in power. Brown's government...
...Here at Harvard it’s not the pros who follow in this tradition but the amateurs: while the Varsity team might stay collected on the field, IM soccer matches versus graduate students in Dudley House have become reputedly heated events. In a Quincy vs. Dudley match on Nov. 7, players kicked at each other, while the ball went largely unloved. Off the field, a Quincy tutor chastised Dudley players, one of whom responded with several obscenities, and asked the tutor if he “wanted to fight.” The tutor responded with a written complaint...