Word: royale
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Dates: during 2000-2009
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Built in 1737, the HMS Victory (a later version would be commanded by Admiral Nelson) was, in its day, the most powerful warship in the Royal Navy. In 1744, it was part of the fleet, commanded by war hero Admiral John Balchin, that broke through a French blockade of the Tagus river at Lisbon. Returning to England, a fierce storm hit the fleet, first separating the Victory from the other ships, and then sinking it, reportedly near the Channel Islands. The 1,100 sailors on board, as well as the sons of some of Britain's most prestigious families...
...week. The new speaker, San Antonio Republican Joe Straus, is a moderate scion of an old Republican family with ties going back to John Tower and George H.W. Bush. The Straus victory is evidence of a shift in the GOP power base as urban voters gain a larger voice. Royal Masset, a longtime Texas Republican analyst, says the GOP will continue to fare well in Texas, but he sees a new polarity in the state as the old conservative/liberal labels often used to define Texas politics give way to the emerging urban/rural dichotomy...
...spent most of his career designing ugly creatures for movies like this and written by a stuntman (Danny McBride), you can expect it to be heavier on the action scenes than on character elucidation. The Brit cast attempts to camouflage the silliness by swanning it up, as if the Royal Shakespeare Company had gotten communally drunk and staged an impromptu production of Dracula Meets the Wolfman. Sheen tries bravely to keep a straight face, especially during his love scenes with Mitra, a TV grad (Party of Five, Gideon's Crossing, The Practice, Boston Legal, Nip/Tuck) who looks like the spawn...
...Americans can also look at the choices made by the U.K. to salvage its credit system. Large banks there are being effectively bought out by the government as the U.K. attempts to put a firewall around huge losses from toxic assets. The Royal Bank of Scotland (RBS) is already 70% owned by the government and management's kilts have been repossessed. (See pictures of the financial crisis in London...
...other words: further nationalizations. Three months after it pumped $30 billion in emergency capital into the beleaguered Royal Bank of Scotland, the government on Monday upped its stake in the bank to almost 70% in order to help boost its lending capability. The timing could hardly have been worse: the bank announced on Monday that its losses for 2008 could be as high as $41 billion - by some stretch the biggest loss in British corporate history. Much of that loss is due to RBS's ill-timed acquisition of Dutch lender ABN Amro in 2007. "Yes, I'm angry...