Word: shattered
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While intensely embarrassing, the hidden deals won't shatter Daiwa, the world's 13th largest bank (Barings ranked 474th). Its $197 billion in assets can easily absorb Iguchi's losses. Even after writing them off, Daiwa expects to report a $70 million profit for the six months that ended on Sept. 30. Yet Daiwa's 30 or so top officers, in a form of self-imposed wrist slaps, will take pay cuts of up to 30% for six months and will forgo their annual bonuses. The bank itself sold $336 million worth of real estate in Tokyo, Osaka, Hiroshima...
...endangered. The federal housing program that might have helped the Little Boy family would be cut 67%. The Agriculture Department's food program for Indians is scheduled to be folded into the food-stamp system, to the Indians' disadvantage. The advocates fear that the cuts will not just shatter the dreams of individual Native Americans like Little Boy but also cripple Washington's efforts over the past 20 years to encourage tribal self-reliance and send Indians spinning into a void of isolation and poverty. "We are forgotten people," says Little Boy. "They are going to hurt us, but they...
...could breathe easier this time, without the uncomfortable sense that if a gymnast fell, she might shatter physically or crumble emotionally. Most of the top competitors at last week's National Gymnastics Championships in New Orleans' Superdome were sturdy, poised high-school graduates. Three were veterans of Olympic competition, Shannon Miller, 18, who placed second in the all-around competition; Dominique Dawes, 18, who came in fourth; and Kerri Strug, 17, who finished fifth. The intervening years have added height and weight to their frames and a maturity to their faces that lent new elegance and expressiveness to their performances...
...Bosnians Shatter Cease-Fire...
...type, the company's chief executive claimed, was specially built to pierce police bulletproof vests. Following a public uproar, Signature said it would hold off producing the vest-piercing bullet as a "responsible" gesture. That left many industry experts wondering whether the super "Rhino" ammunition was ever meant to shatter anything more than the firm's obscurity...