Word: southerning
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...purchase of FleetBoston Bank), No. 1 in credit cards ($35 billion for MBNA) and No. 1 in wealth management ($3.3 billion for U.S. Trust), and with the Countrywide deal, it will soon be No. 1 in mortgages. If Wall Street once looked at this bank as some sort of Southern arriviste, that notion was erased for good in November 2006 when BofA's $243.7 billion market capitalization surpassed that of Citigroup. Blackstone CEO Stephen Schwarzman, the insider's insider on the Street, praises BofA as "a phenomenally successful earnings machine...
...Even when it was a British colony, Hong Kong benefited mightily from a symbiotic relationship with the mainland. In the 1990s, the city prospered shipping goods manufactured in southern China by Hong Kong-owned companies. As south China's export-manufacturing economy exploded and the mainland's budding entrepreneurial class began seeking overseas investment, Hong Kong became a willing and able broker. This transition is reflected in the changing composition of the Hong Kong Stock Exchange. In 2003, Chinese companies accounted for only about 29% of Hong Kong's total market capitalization. By last September, that number had risen...
...crossing into Israel be different from those between the U.S. and Canada or Mexico, for instance? Hamad also took issue with the Israeli security wall but failed to mention that it was put in place to stop suicide bombers from crossing and snipers from shooting at apartments in the southern part of Jerusalem. When I was stationed in Bethlehem in the mid-1980s, the Christian population was thriving, and tourists arrived by the busload throughout the year, not just at Christmastime. One needs to ask what the difference is between then and now. Aron B. Safran, Willow Street...
...making a comeback in several provinces and reimposing its rules. In little over a year, 130 schools have been burned, 105 students and teachers killed and 307 schools closed down because of security concerns. Many of those schools were for girls, and most of them were in the southern provinces, where a Taliban-driven insurgency has made it nearly impossible to secure the schools. But the violence is creeping closer to the capital. In June 2007, two gunmen on a motorcycle shot dead three female students coming out of high school in the central province of Logar...
Possibly, but for Obama, the point of the story is also to signal to black South Carolinians that he has learned to be one of them, not only a black man in appearance but also one comfortable with the call-and-response folkways of African-American Southern life...