Word: short
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Dates: during 2000-2009
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...ocean liner in order to dodge the press. These were the men who - in the wake of WW I and the economic destruction it wrought - returned the world to the gold standard, used interest rates to bolster the value of currencies and let stock speculation run rampant. In short, they helped lay the groundwork for the Great Depression. In Lords of Finance: The Bankers Who Broke the World, investment manager Liaquat Ahamed tells the story of these men - a tale with plenty to resonate with today's economic malaise. TIME's Barbara Kiviat spoke with...
Though he led a quiet life, mountain-climbing being among his few personal passions, Merckle was thrust into the headlines in November as it emerged that he lost several hundred million euros when he got caught on the losing end of a short sale of Volkswagen shares. It is believed that he lost as much as €500 million. His trouble was made worse by the spreading financial crunch, which hit his corporate empire hard. (See pictures of the global financial crisis...
...significant health concerns facing the nation. With obesity and diabetes rates reaching record levels, especially among children, Obama's focus has been on preventive health care - staving off disease before it arises. Having anchored specials on CNN to inspire Americans to become more active and eat healthier, Gupta - though short on traditional government experience - would seem well qualified to bring this message to the public. Gupta launched CNN's New You Resolution program, urging viewers to stick to their New Year's resolutions to become fitter, and is the engine behind the Fit Nation initiative, which tours the country promoting...
Nonetheless, the Israeli response has been inappropriate and short-sighted. The number of Gazan civilians killed far exceeds the death toll in Israel, and Israeli attempts to evacuate civilians in Gaza have proven unsuccessful. The New York Times reported Monday that civilians forced by Israeli soldiers to move to different homes later fell victim to airstrikes in those new buildings. While Israel can and should defend itself against terrorist attacks, the number of civilian dead is tragic and unwarranted...
...Baghdad traffic, I watched as the gunner in the MRAP casually tossed a Red Bull out of the turret to an Iraqi pedestrian. The man on the sidewalk caught it as the U.S. soldiers giggled. Later at a dining facility at Camp Liberty, a U.S. base, I was stopped short on my way to the salad bar when I saw the "non-pork grill" - a relatively new addition to meet the needs of the increasing number of Iraqis using the U.S. facilities. It is a major step away from the cultural blunders of the post-invasion years...