Word: outfitted
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Dates: during 2000-2009
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...industry was nothing like it is today. In mid-2003, when a barrel of oil fetched about $30, BP made what was then the largest ever foreign investment in a Russian firm. The British company paid more than $6 billion for a 50% stake in TNK-BP, an oil outfit it set up with a consortium of four Russian billionaires. Vladimir Putin, Russia's President at the time, joined Tony Blair, then Britain's Prime Minister, in cheering the joint venture. TNK-BP's CEO, Robert Dudley, hailed it as a "momentous and exciting event" that would "set new benchmarks...
...lenders back their own headaches"), there are plenty of people eager to hear more. For $695, the Walk Away Plan promises to extract homeowners from the agony of mortgages they can no longer afford or from houses now worth far less than the amount they owe. A similarly named outfit called You Walk Away croons on its website, "Before you know it, you will have this behind you and a fresh start!" Walking away is a popular phrase these days among real estate pros and ex--mortgage brokers looking to capitalize on slumping home prices and rising delinquencies. It sounds...
...pressure to turn a profit often forces microfinanciers to change their business models in ways that depart from the industry's original purposes. As Al Amana, Morocco's largest outfit, has shifted from grants to commercial funding, its average loan size has roughly tripled; smaller loans to the most desperate borrowers are costlier to service. One consequence of commercialization is that a lower percentage of loans go to women because they tend to take out smaller sums, according to a recent study by Women's World Banking...
...Chimneys bought Big Brown's breeding rights for upwards of $50 million, putting at least $12.5 million in Pompa's pocket. "That was a good move by me, eh?" he says. Pompa, 49, also gave the horse his name--Big Brown is a salute to UPS, the package-delivery outfit--after the company renewed a contract with Pompa's trucking business...
...change my life.I knew it was going to be a long drive, but I also knew that the clothes I wore sitting driver’s side would be the first impression I made at Harvard. Never one to fold at the demands of fashion, I carefully chose an outfit both comfortable and indicative of my sense of style: an orange-stripped polo, army-green cargo pants, and light-caramel Timberland boots. Looking back at my high school wardrobe, I am stunned at the many phases I’ve gone through. Like Ben Affleck when he was briefly engaged...