Word: royalism
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Tours are more readily available at the 127-year-old Royal Courts of Justice, which loom over the Strand. They're home to the High Courts and the Court of Appeal, and film crews and protesters frequently hang around the Gothic entrance. Tours can be arranged by calling...
...also now necessary for the banking system. We have to build our banking system for the future around stronger principles of accountability and transparency and integrity and sound practices. Americans are shocked by what they see happening on Wall Street. People in Britain look at what happened with RBS [Royal Bank of Scotland] or HBOS and are angered by what they would call irresponsible risk-taking and excessively irresponsible behavior. But what people want more than anything else is that these banks and institutions work to the principles and values that they believe are important. (See 25 people to blame...
...Hooper. "Now that would make an impression." Yes, but it would be seen as rewarding states that support terrorist groups, and there's no indication the White House is considering either city. Baghdad? Still too dangerous. Riyadh? Obama would be seen as being in the pocket of the Saudi royal family. Oman, Bahrain ... the list could...
...ratings agencies themselves - Moody's, Standard & Poor's and Fitch - have nowhere to hide. Their CEOs took a royal lashing from Congress in October, and in April new regulations will go into effect, largely to address what is often painted as the Achilles heel of the ratings system: companies typically pay to have their own debt rated, therefore creating a massive conflict of interest for the ratings agencies, which want to hold onto that business. (See "How to Know When the Economy Is Turning Up".) Favorably rating structured finance products - including Frankenstein creations like synthetic collateralized debt obligations - became...
This Round's on Us. The all-inclusive luxury resort Royal Hideaway Playacar, located on Mexico's Riviera Maya, is offering free rounds of golf, plus a night free: Book a five-night stay and get two rounds of golf and a free night; book a seven-night stay and get four rounds of golf, plus a free night. Rates start at $400 per person, including unlimited food and drinks, water sports and other activities. The offer good through April 30, 2009. Lote Hotelero #6 Fracc. Playacar, Playa del Carmen...