Word: pricing
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...Lewis isn't expecting much beauty or excitement anytime soon. He will consider the Countrywide deal a success if BofA earns back half its purchase price within three years. As his competitors announced massive write-downs and losses in their fourth-quarter earnings reports, Lewis wouldn't allow himself to crow. "I don't feel great about ours either," he says. "If we had met our objectives, I'd be gloating, but we didn't." He has warned that next week's fourth-quarter earnings will be profitable but disappointing, and he expects to set aside $3.3 billion in write...
...secretary of state. Audience members challenged her inaction during the Rwandan genocide and her support for economic sanctions against Iraq that, according to UNICEF, were responsible for the deaths of 500,000 Iraqi children. Albright forcefully disowned her contention in 1996 that the Iraq sanctions were worth that price...
...return for its cooperation on a project that several officials have said may not directly aid Poland's own interests. Polish Defense Minister Bogdan Klich met this week in Washington with U.S. Defense Secretary Robert Gates and Deputy Secretary of State John Negroponte, to lay out Poland's price tag for hosting the missile shield. Warsaw wants new tactical anti-missile batteries to protect its own airspace, as well as security guarantees and agreements similar to those enjoyed by Italy and Turkey that would avail Poland of improved military technologies. And several leading ministers have made clear that they...
...caught in the spotlights. Worried that Hands wouldn't know his A&R from his R&B, alt-rockers Radiohead severed ties with the label shortly after it was sold to the private equity firm, and took the radical step of allowing fans to download and name their own price for the band's album In Rainbows. Others let their music do the talking. Robbie Williams, who bagged a $130 million record deal with EMI in 2002, has threatened to withhold his next CD, fearing the firm won't be able to market and promote it. "All we know," Williams...
...simple as oil wealth equaling authoritarianism, let alone democracy fluctuating with the price of oil. The baby steps in Bahrain aren't in league with democratic development elsewhere in the world, and the trends there can hardly be considered permanent. More important, how do you account for oil-rich countries as diverse as Norway, Britain, Malaysia, Indonesia, Mexico and Venezuela? And would the theory apply to oil-rich states in the U.S.? Prof. Karl says oil and democracy don't mix when the black gold dominates a country's exports. "Countries that are most dependent on oil are the least...