Word: reformer
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...fight, of course; there are country clubs that still discriminate on the basis of race, religion and other factors. But the principle is the same throughout, and although private clubs’ legal right to be exclusive is protected, society has the responsibility to pressure these institutions to reform their practices. America’s past is marred by discrimination in many forms, and every step away from that legacy is tangible progress. One member of Augusta National has bravely taken a stand; hopefully many more will follow...
...that followed, at the attorney general's Manhattan office, between Spitzer and Charles Prince, the new head of Citi's subsidiary Salomon Smith Barney, marked the beginning of what is shaping up as a far-reaching peace treaty. Spitzer, who used a $100 million settlement with Merrill Lynch to reform stock research on Wall Street, wants a similar and more expensive pact with Citigroup to address systemic abuses in the way lucrative initial public offerings (IPOs) of stock have been showered on CEOs who sent investment-banking business to Citi. Spitzer is still digging for dirt, so any deal...
...interested fat cats contributed to its defeat at the polls two years ago. The current publicity over its rich holdings is not helping matters. An organization that once boasted 2.5 million members has suffered a mass exodus since losing power; growing public anger over the KMT's reluctance to reform promises to further erode a dwindling support base. "The party is in serious trouble," says Bruce Jacobs, a professor in Asian studies at Australia's Monash University. "Its future is now in question...
...only 83 cases out of hundreds of unexplained deaths because many of the victims' families were suspicious or too discouraged after years of failing to get answers. It solved only 34. "Too many cases were left unsolved," admits commission president Hang Sang Beom. "This is a blow against democratic reform." (The infamous 1980 Kwangju massacre was investigated by another body that ended its work last year. The government paid compensation of $190 million to victims and victims' families, although critics say the official death toll of fewer than 200 people is grossly understated...
...APPOINTED. HEIZO TAKENAKA, 51, Japan's reform-minded Minister of State for Economic and Fiscal Policy, to the additional post of Financial Services Minister; in Tokyo. The dapper ex-professor's promotion is seen as a sign of renewed determination by Prime Minister Junichiro Koizumi to reduce the mountain of bad loans held by Japan's banks...