Word: pocketsful
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That approach paid off big for Bonderman's first turnaround, Continental Airlines. Thanks to a clever purchasing arrangement, TPG's partnership controlled Continental, though it owned just 14% of its stock. Not just an investor with deep pockets, TPG closely watched costs and CEO Gordon Bethune. Continental's share price...
Two days before, Haitham had left his home in Sheik Radwan, a neighborhood of Gaza City in which the Islamist militants of Hamas reign, and walked with his friends along the beach. When they reached the edge of the city, near the three Israeli settlements at the north of the...
In the '80s, a perm was supposed to leave your hair a Geena Davis-style froth of curls. But now that pin-straight hair like Gwyneth Paltrow's is the must-do do, the technology is catching up. The Japanese straight perm, a.k.a. "Japanese relaxer" or "super straight," makes hair...
The fact that the women may have been forced into prostitution doesn't seem to bother most of their soldier-patrons. Nor, until recently, did it bother the military brass at the bases. But now a U.S. Senator and 12 members of Congress are demanding action. Alarmed by a Fox...
Talk about turbulence. First Switzerland's air-traffic-control system was blamed for last month's collision between a Russian passenger jet and a cargo plane that killed 71 people. Now air pockets of labor disputes, technical difficulties and a conflict among pilots have hit Swiss, the country's newly...