Word: returns
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...Lieut.-Col. Websdane was also optimistic for a return to normality: "I told my sheikh friends who've invited me back for a holiday that in five years' time I'll be back, wearing a suit or carrying a backpack." Only if that day comes will the Australians truly be able to consider their mission accomplished...
...mutually beneficial. Akula runs SKS Microfinance, India's largest microfinancier, which is at the forefront of the new-money trend. Last year SKS sold an $11.5 million stake to the private-equity shop Sequoia Capital in a first-of-its-kind deal. Talk of a projected 23% return on equity snapped many financiers to attention...
...long as investors have a long-term view, Akula argues, the social and financial missions of microfinance intertwine. "We're not giving away money here; we expect a return," says Gary Hattem, a managing director of Deutsche Bank, which runs four microfinance funds. "But we do keep our eye on the social-impact side of this. It's very humbling when you go to places where the people coming in to borrow smell like the cows they're raising...
...dollars, impose a far greater strain on the military and divert U.S. attention from other problems to incrementally improve our chances of success. Obama thinks Afghanistan and Pakistan are more central to the war on terrorism and that our resources in those countries would bring a higher rate of return. Given that fundamental difference, a joint trip to Iraq--and only Iraq--concedes McCain's key assumption. Perhaps Obama should counter by proposing that they visit southern Afghanistan, where America's war against the Taliban and al-Qaeda has been crippled for years by the diversion of troops and attention...
Thirty years after graduating from Harvard Business School, Ann S. Moore, the chairman and CEO of Time, Inc., will return to her alma mater on Wednesday afternoon to deliver the Class Day speech to graduating students. Moore, described as one of the “Most Powerful Women” in American business by Fortune Magazine, will follow a chain of CEO’s who have spoken at the Business School’s ceremony, including Kenneth I. Chenault of American Express, Jeffrey R. Immelt of General Electric, A.G. Lafley of Proctor & Gamble. A 1978 graduate of the Business...