Word: owner
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...rates offered for industrial companies with shabby credit ratings have soared over the summer, making the federal option even more crucial. All three of Detroit's carmakers have had their credit ratings downgraded; GM has had to fight off rumors of an impending bankruptcy; and Cerberus, Chrysler's principal owner, has been hammered by a new round of cutbacks. Ellen Hughes Cromwick, Ford's chief economist, said this week that the unfolding credit crunch has a had a palpable impact on the carmakers. "The credit crunch could persist for some time," she said. "That's a situation that adds...
...firm Bingham McCutchen.Faust wrote that the review was prompted in part by an incident that occurred Aug. 8 in which HUPD officers, responding to a call, confronted a person attempting to remove a lock from a bicycle.According to the HUPD police log, the individual was determined to be the owner of the bicycle and an affiliate of the University after questioning by officers. The person has since been identified as a black high school student from the Boston area working at Harvard for the summer. Faust wrote that an investigation into the interaction between the officers and the student...
...reinforced the usefulness of the convention as a place to see and understand the incredible variety of people who compose the Democratic Party today. This tangible evidence ranged from portraits of John Lewis, a congressman and leader of the Civil Rights Movement; to delegate Bill Walsh, a former casino owner, cowboy, and catholic priest from South Dakota; to a Laotian couple who married in the United States but grew up hiding in the jungle and living in refugee camps before emigrating to America. Portraits also included a famous musician, several Hollywood actors, a Puerto Rican delegate, a farmer from Nebraska...
...hosted by Victor Pinchuk, a Ukrainian steel billionaire who owns seven Hirsts and a private art museum. A month later the artist gave a private tour of some of the Sotheby's work to Daria Zhukova, a young, London-based art impresario. Her boyfriend is Roman Abramovich, the Russian owner of Chelsea Football Club, who this year alone was widely presumed to be the buyer of a $33.6 million Lucian Freud that set an auction record for the work of a living artist, and an $86.3 million Francis Bacon that set a record for postwar...
...Similarly, Sarkozy's decision earlier this year to ban commercials from state television Channels, provoked an outcry, since the biggest expected beneficiary of the resulting advertising windfall will be private station TF1 - whose owner, Martin Bouygues, was best man at Sarkozy's wedding to former wife Cécilia. Opponents also claim Sarkozy has used his friendship with Bouygues - and one with another media mogul the president has called "my brother" - to direct the alleged nomination of sympathetic journalists into important editorial positions as a means of shaping friendly political coverage...