Word: quite
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Dates: during 2000-2009
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...Never quit and never declare victory too soon. And don't try to kid yourself." -On his guiding philosophy. (Automotive News...
...Fred Goodwin's turn. The former boss of the stricken Royal Bank of Scotland is rumored to be mulling a move to South Africa after vandals smashed windows and his car at his Edinburgh home. Britons are livid that Goodwin was awarded a $1 million annual pension after he quit RBS in disgrace last year. The 50-year-old oversaw a disastrous expansion that almost felled one of Europe's largest banks, prompted a $30 billion government bailout last fall and triggered the biggest annual loss in U.K. corporate history. "We are angry," a group claiming responsibility for the attack...
...good news is that today's nuclear industry is no longer dysfunctional. It's not perfect-an Ohio reactor nearly melted down in 2002, and the lead operator of a Florida plant recently quit after accusing his bosses of unsafe practices-but it has learned from its mistakes. Its reactors ran at a record 92% capacity last year. It's doing a better job of storing its radioactive waste at its plants. It has standardized designs for new reactors, which should enhance safety, and it has successfully lobbied to streamline its regulatory process, which should reduce delays...
...Indiana and Pennsylvania took in the children of dead Civil War veterans, and Louisiana and Illinois offered residential programs for gifted students in the 1980s. But publicly financing boarding schools for inner-city kids is a very different proposition. It was revolutionary in the late 1990s, when two consultants quit their jobs and began raising money to open the SEED School, a charter school in gritty Southeast Washington...
...course, when addicts finally quit, it feels awful for a while, and that's where we are right now. The recession, provoked by the sudden, essentially cold-turkey abandonment of spending, lending and borrowing, is something like our national equivalent of the jitters, sweats and seizures that addicts experience right after they give up the junk. Actually, the applicable addiction trope is more like food (or sex) than drugs or booze, since as economic creatures, we can't quit; we just have to teach ourselves to buy and borrow in moderate, healthier ways. The new America must be about financial...