Word: partnering
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...plenty to buy. "There's probably a lot of financial institutions that hold mortgage debt today that just can't hold it long-term and will eventually have to be sellers, whether it's regional banks or major financial institutions that need to deleverage," says Greg Ressa, a partner and head of real estate at Simpson Thacher & Bartlett LLP. (See 25 people to blame for the financial crisis...
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...been alone on the wall of ice and rock that is Latok II. The 33-year-old mountaineer fell while attempting to summit the notoriously difficult peak in northeast Pakistan's Karakorum range, breaking his leg and possibly his wrist. Unable to get him down unassisted, his climbing partner, Alvaro Novellón, left Pérez with supplies and went for help. But a combination of bureaucracy, complicated logistics and poor weather impeded search efforts, and it wasn't until Aug. 14, a full six days after the pair's climbing club first received word of the accident, that...
...Apps for Education program has gained significant momentum as student tech demands mount and budgetary pressures strain campus IT departments. Handing the e-mail keys over to Google helps schools avoid costly server upgrades while capitalizing on Web-based e-mail's popularity among students. Eric Weil, managing partner for Student Monitor, a national college-focused market research firm, says the average college student has two or three personal e-mail addresses, and Gmail's popularity among students has doubled over the past two years. (Read "Google's Chrome: Taking Aim at Microsoft - and the iPhone...
...While piracy has become a common scourge off the coast of Somalia, an attack in a region blanketed with "sophisticated surveillance and extensive navies and coast guards is almost unheard of," says Douglas Burnett, a maritime partner at the U.S. international law firm of Squire, Sanders & Dempsey. It is all the more suspicious given the relatively low value of the listed cargo on board. "The cargo on the ship is timber," he says. "No one would steal a ship for timber, especially in European waters. So perhaps the lumber could be a cargo cover. Was it drugs? Was it nuclear...