Word: recentered
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Indeed, Citi's shares initially rose on the news that it would have to raise less capital than some of its competitors. But since the full results of the stress test have come out, Citi's shares are down 8%, to a recent $3.50. That compares to a drop of just 2.5% in the same time for JPMorgan, which was deemed to be among the banks that are relatively healthy. "I think Citigroup is an interesting stock, but we don't own it," says Edward Maran, portfolio manager of the Thornburg Value Fund. "If the government gives the company...
...editors: In discussing NATO’s efforts to protect Georgia from further Russian aggression (“Exercising Power in Georgia,” Opinion, May 13), Ellen C. Bryson offers readers much information that is incomplete and misleading. Ms. Bryson fails to inform readers that Russia has recently stood alone against the entire Organization for Security and Cooperation in Europe to block impartial observers from monitoring the disputed border between Russia and Georgia. Thus, it is Russia that leaves NATO with no alternative other than military confrontation. She fails to acknowledge that Russia has played...
...very popularity of this “science of happiness,” though, suggests that its appeal didn’t lie in the science alone. Pure data sets rarely inspire anyone to grand existential epiphanies. (Does anybody actually read the American Journal of Psychology for fun?) The recent offerings instead glide seamlessly from real cognitive scientific results into life prescriptions of the kind traditionally proffered by fields like religion and literature. The current overseer of the Grant Study results, George Vaillant, himself studied not psychology but history and literature when he was at Harvard; indeed...
Cheney has mentioned the memos in his recent TV appearances. He told Fox News' Sean Hannity last month: "I know specifically of reports that I read, that I saw, that lay out what we learned through the interrogation process and what the consequences were for the country. I've now formally asked the CIA to take steps to declassify those memos so we can lay them out there and the American people have a chance to see what we obtained and what we learned and how good the intelligence was." (See pictures from the Abu Ghraib aftershock...
Three thousand dollars to fix the pipes beneath a tennis court; $462 for the upkeep of a swimming pool; $942 to fit a chandelier. The extravagance of many of the expense claims filed by British MPs in recent years, deliciously catalogued this past week by the country's Daily Telegraph newspaper, which obtained leaked details, have British voters fuming. In a poll taken by the Times of London, more than four fifths of Britons thought all the country's legislators were as bad as each other for milking their allowance system, if not illegally, then far beyond its spirit...