Word: pave
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...While disruptive in the short term, the firm's closure may ultimately pave the way for economic recovery in that country, which tends to prop up financial institutions that are saddled with debt. It was billions of dollars in illegal debt that ultimately sank Yamaichi Securities. If the Japanese government is willing to let it go under, it may signal a positive policy shift. And although the Tokyo stock exchange dropped 5 percent on the news, followed closely by drops in Hong Kong and South Korea, it seems Japan's economic woes are unlikely to spread worldwide. The National Association...
...handsome, 31-year-old former actor, Footlik appeared in several forgettable 1980s flicks, including Teen Wolf, with Michael J. Fox, and Iron Eagle, with Louis Gossett Jr., as well as in TV ads for McDonald's and American Airlines. He recently helped pave the way for Defago to appear before the Chicago Board of Rabbis and admit to Switzerland's numerous transgressions during and after World War II. So far, the new ambassador's shtick is playing a lot better than that of his predecessor, Carlo Jagmetti, who resigned in disgrace after saying that Switzerland...
...there's no immediate pattern of selling. Shouldn't the lower rate pave the way for another bull stampede by encouraging more investment? Not necessarily. Unlike the previous two reductions, this one comes amid a sizzling love affair with the market. There is no need to rekindle our passion for stocks; we're hopelessly obsessed. "This market needed a stimulus like Einstein needed a higher education," notes Tom McManus, strategist at NatWest Securities...
...couples truly believe they will be married "till death do us part," they may be more careful about making a commitment. And once married, in a situation where it is not as easy to bail out, more couples would try to work through their problems. Way to go, Louisiana! Pave the way for the other 49 states to follow. DEIDRA MCCARTY Pearl, Miss...
...Taylor, Crowley or Kreviazuk at Lilith. McLachlan wants the tour to become an annual event; she even foresees a day when men are invited. (One of this year's bands, the Cardigans, has men, but the lead singer is a woman.) Says McLachlan: "We hope this will pave the way for more female performers. We hope it's a great thing for young women too. When I was growing up, we had very few role models to look up to. This is a great example of strong women out there doing something they love, doing something really positive...