Word: rosee
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...Hughes showed teenagers that light, with a rose-tinted glow. His Molly trilogy - Sixteen Candles, The Breakfast Club and Pretty in Pink, all starring actual teen Molly Ringwald - mined the emotional convulsions that make every kid feel he or she is the first lonely explorer on the dark side of the moon. In his mid-30s, Hughes got spookily in sync with the swooning narcissism of adolescence: that teachers are torturers; that parents are sweet but don't quite understand; that friends and lovers are two distinct species, one domestic, one alien; that I feel all these things...
Rangel has been in the House of Representatives since 1971 and on the committee since 1974. When he rose to chairman in 2007, Rangel became the first African American ever to hold the position. "To be the chairman of the House Ways and Means Committee is probably as close to being a major figure in a European monarchy as we have to offer," says Ross Baker, a political-science professor at Rutgers University. "The chairman is subject to the largest numbers of entreaties and colossal deference because everybody has got a tax angle. It means you are paid court...
...trade legislation facing uncertain futures, the White House may need a win on one big issue by December. "What's [the media] going to say about Obama's first year?" says another top regulatory official. "If I were the Administration, I'd want to get to the Rose Garden with something, something that looks significant." (See the top 10 key players in health-care reform...
...period of 2008. A stellar six months at the investment-banking unit of London-based HSBC, meanwhile, helped prop up its falling profits. Income across Europe's largest bank fell to $5 billion, half the level hit a year earlier. At Barclays, the U.K.'s second-biggest lender, profits rose 8%, to $5 billion. (See pictures of London's financial crisis...
...others, meanwhile, the prospects may not be so bright. Impairments at Lloyds rose to $22.8 billion in the first half, the company said Wednesday, thanks largely to its acquisition in January of HBOS, the troubled U.K. lender heavily exposed to Britain's declining property market. Still, you can't fault Lloyds' optimism. The bank, in which the government has a 43% stake, predicted "high single-digit income growth" within two years. Analysts expect a steep hike in provisions for bad loans when Royal Bank of Scotland (RBS), Britain's largest taxpayer-funded lender, unveils first-half results later this week...