Word: slashings
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...message to an audience of investors and financial analysts in London: his aggressive plan to reshape Deutsche Bank was working. In chart after chart, he showed how in the 16 months since he'd taken over the €23 billion bank he had begun to dump unprofitable businesses and slash costs. His last slide was the usual boiler-plate disclaimer that said the presentation "involves inherent risks and uncertainties." It didn't mention the biggest risk of all: that Ackermann himself soon would end up in court, charged with a serious breach of German company law that could...
Promising to slash the number of city parking spaces and flashing dramatic maps of destroyed trees, 16 city council hopefuls vied for the votes of Cambridge’s large liberal contingent at a forum on the environment last night...
...aftermath of Cremarosa’s injury, junior Rodney Byrnes, a WR/RB last season, immediately lost his “slash.” After posting 482 receiving yards and 226 rushing yards in 2002-—second- and third-best on the team, respectively—he will simply be a wideout this season...
...from certain. "Vivendi remains a mixture of assets with little industrial logic," says Steve Liechti, an analyst at Merrill Lynch in London, echoing a common view among Vivendi watchers at big banks. True, the nbc merger is a key step in Fourtou's campaign to stabilize Vivendi and slash its debt, which totaled €35 billion when he joined the company in July 2002. After the deal, it will be below €10 billion. Fourtou's problem is that Vivendi remains a jumble. It has some telecommunications businesses, plus the world's largest music company, Universal Music Group...
...chief executive of a state "is not a particularly fun job at the moment," says Scott Pattison, executive director of the National Association of State Budget Officers. Forty-seven of the nation's 50 governors are staring at budget shortfalls this fiscal year totaling $80 billion, forcing them to slash popular programs or raise taxes. None so far is threatened with being ousted by a recall like the one Davis faces. But for many a pink slip might be a blessing in disguise. Arkansas Gov. Mike Huckabee, who's been in the pressure cooker seven years, likes to give this...