Word: scotlanders
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...past year. Two famous British banks have already imploded--Northern Rock and Bradford & Bingley. And after a dramatic plunge in the stock price of other banks, on Oct. 8 the British government announced an emergency $88 billion recapitalization package that includes partially nationalizing three other banks: Royal Bank of Scotland, HBOS and Lloyds TSB. The City has been through enough slumps to know what to expect next: layoffs, shrinking bonuses for those lucky enough to keep their jobs, and a new frugality regarding expense accounts. This will inevitably have repercussions on housing prices and also on goods and services that...
Black Watch, a galvanizing, free-form stage piece from the National Theatre of Scotland (it debuted in 2006 at the Edinburgh Fringe Festival and has toured Britain, Australia and three U.S. cities), is the highlight of a remarkable recent surge of plays about the Iraq war. Hollywood, traditionally the go-to vehicle for telling war stories, had its own flurry of interest but after a few star-studded box-office underperformers (In the Valley of Elah, Redacted and, most recently, Body of Lies) has largely retreated to its foxhole. Theater has stepped into the breach, using an impressive arsenal...
...comes the bank bailout, and with it, a huge increase in government borrowing. British Prime Minister Gordon Brown has been the first to detail his national package, and it's making fiscal hawks shudder. It involves injecting up to $65 billion into three British banks - Royal Bank of Scotland, HBOS and Lloyds TSB - in exchange for equity stakes...
Three-term Florida Congressman Tom Feeney has not been criminally charged in the Washington corruption scheme that sent super-lobbyist Jack Abramoff to federal prison. But the taint of the Republican's 2003 golf trip to Scotland on Abramoff's dime is derailing his re-election campaign...
...Five years ago, when I was first elected to Congress I was invited on trip to Scotland," Feeney says in his commercial. "I found out later that it was paid for by a corrupt lobbyist. It was a rookie mistake and I did everything I could to make it right. I reported it to the ethics committee and I paid the money back. I embarrassed myself, I embarrassed you and for that, I'm very sorry. I'm Tom Feeney and I approve this message because public service is about being honest, even when you make a mistake...