Word: publicizers
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...Public companies record two types of earnings, one to the SEC and one to the IRS. It is perfectly legal for these numbers not to match, and often they don't. In 2008, retailer Macy's lost just under $5 billion, but only $33 million of that qualified as a tax loss eligible for credits against future profits. Other times a company books a much bigger tax benefit than its actual losses. Citigroup, for instance, had a bottom-line loss of nearly $28 billion in the numbers it reported to shareholders and the SEC. But at the same time...
...travel to Cuba act, introduced this year in both the House and Senate, suddenly has Cuban-American backing - and as a result a decidedly better chance of passing. In a recent statement, Indiana Senator Richard Lugar, a Republican and co-sponsor, called this "a very good time for public diplomacy with Cuba."(See a photoessay about the fading sound of Salsa in Cuba...
...film, which premieres this month in the Argentine city of Mar del Plata, Marroquín also meets with the three sons of Luis Carlos Galán, a charismatic presidential candidate whose public denouncements of Escobar prompted the kingpin to order his death in 1989. Marroquín says the meeting with the Galáns was more nerve-racking than the time when he, as a teenager in Medellín, was summoned by pistol-packing leaders of a rival cartel. (At the time, he made out his will beforehand.) "I felt 10 times more afraid, even though...
...initiatives has been to look at ways of reducing teenage crime. Proposals range from compelling troubled youths to join organizations like the Scouts to funding literacy and numeracy drives for deprived kids. Tackling teenage muggers wasn't one of his recommendations, and the police have warned the public against following Johnson's potentially dangerous example. (Read "Boris Johnson: The Clown Prince...
...Osama Moustafa Hassan Nasr, under the CIA's controversial "extraordinary rendition" program. Three other Americans were acquitted because they have diplomatic immunity. Two Italian secret agents were also convicted. Five other Italians were acquitted, including the head of the country's military intelligence, who resigned when the kidnapping became public. (See a pictorial history...