Word: projections
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...creates everything from power suits to chocolate. Is there anything Giorgio Armani doesn't design? His latest project is the Cavour220 residences in Rome, housed in six buildings, including a 19th century monastery. Each of the 62 units has a unique floor plan and features materials like travertine and Eramosa limestone to blend past and present...
...previous downturns were not as severe as this one. Decreased spending at places like Golden Corral has gone straight to the county budget's bottom line. This year's sales-tax revenues are projected to drop 10% from last year. Overall revenue is expected to fall 9%, or $5,528,022. Capital projects have been hit. The county had planned to renovate the courthouse, an elegant 1930 brick building that sits in a square off Main Street and has a workmanlike modern extension off the back. At a meeting in May, the county council decided to delay the project...
...most Americans are all too used to the dispiriting reports of the security situation in Afghanistan. But the graphic images of U.S. embassy guards engaged in all manner of obscene, drunken behavior that emerged last week were still shocking. The revelations were presented in detail by the nonprofit Project on Government Oversight (POGO), which sent a letter on Sept. 1 to Secretary of State Hillary Clinton exposing an alleged atmosphere of fear and coercion among guards at the embassy in Kabul, which involved bacchanalian parties, hazing, prostitution and drunkenness. "The lewd and deviant behavior of approximately 30 supervisors and guards...
...Sauer knew there were problems. According to a 46-page complaint Sauer filed in federal court in Washington, D.C., at almost every step of the way he ran into interference from senior company executives. They allegedly told him he just had to put a "good face" on the project, acknowledging that the company had put in an unrealistically low bid in order to win the coveted $187 million contract. Sauer said he was told he would just have to "make do" so that ArmorGroup International, based in London, could still manage to squeeze a profit from the operation. (See pictures...
...June 2007, one month before he was to officially start managing security for the embassy, Sauer found himself fired, along with his deputy, another retired Marine, Peter Martino of New Hampshire. Their case - which had the support of the Government Accountability Project, a nonprofit public-interest group that promotes government and corporate accountability - was settled out of court; its terms bar the parties from speaking about the case, and Sauer's attorney says neither she nor her client can speak to TIME. Sauer, however, isn't the only former ArmorGroup employee to make similar allegations about the embassy contract...