Word: shells
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...corners of his mouth. He gives an understated smile and not the Kansas yuk that helped sink the Ford-Dole ticket in 1976. He joked so much then that people did not think he was serious, as if anyone scorched by the Dust Bowl and shattered by an explosive shell in the Italian mountains in World War II could be truly frivolous...
...ruling, publicly announced to an overflow crowd of lawyers and lobbyists, stipulates that in certain cases junk bonds may represent no more than 50% of a takeover bid. To make an acquisition, shell companies--firms with no real assets--will be forced to pay half of the purchase price in cash. This could quash the efforts of crafty corporate raiders who have used nothing but junk bond debt to finance their billion-dollar takeover bids...
...just inside the Old City's Jaffa Gate, to Jewish investors. That inflames Palestinians because they believe the Old City should one day become part of a Palestinian state. Israeli security officials tell Time that the Patriarchate-owned New Imperial Hotel and Petra Hotel were leased through a U.S. shell company, perhaps by Ateret Cohanim, a nationalist Israeli group that buys properties in Arab neighborhoods of Jerusalem to prevent them being turned over to the Palestinians in future peace talks. Ateret Cohanim officials deny they have leased the buildings, but reports of a deal were enough to provoke scrutiny...
Just last month another Equator Principles member, Credit Suisse First Boston, found itself the target of new global protests for its decision to underwrite Shell's controversial Sakhalin II pipeline in the northern Pacific, a project that environmentalists say threatens the endangered western gray whale. Without adequate transparency and monitoring of sensitive projects, NGOs fear, the Equator Principles will become meaningless. "What good is a series of principles like this if you can't verify that they are being applied on a project-by-project basis?" asks Oil Change's Kretzmann. "Equator banks are saying to people, 'Trust...
They saw it just like the other victims from 21 consecutive dual races have seen it—a blur of Crimson, eight oars coursing through the water in one splashless motion, a distinctively yellow shell propelled forward by eight six-foot-plus men in the haze of the foggy mid-morning...