Word: staking
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There is, however, more than money at stake. Muslims say the cafes are an alternative to rough pubs and provide a safe environment for kids to socialize. Many fear the ban will drive more young people into pubs, bringing an upsurge in the anti-social behavior and binge-drinking for which Britain has become notorious...
...report adds a third company, Oil and Natural Gas Corporation, to its list of companies to divest from. Although Harvard does not have a direct stake in ONGC, it does own more than $1.5 million worth of shares in the company through funds managed by the Blackstone Group and the British Bank Barclays...
...June 22, shares in the private-equity firm Blackstone Group began trading publicly on the New York Stock Exchange. By late afternoon, CEO Stephen Schwarzman's 23% stake in the firm he co-founded was worth almost $9 billion; he also pocketed $700 million cash from the deal...
...Blackstone-induced "class envy," as TV pundit Larry Kudlow has called it, is not the only reason Congress has suddenly developed an interest in the subject. Nobody proposes touching Schwarzman's big founder's stake, which slipped below $8 billion within days as Blackstone's stock price dropped. At issue instead is the mere $398 million he made as CEO last year, much of it in carried interest on Blackstone's investments. And the manner in which carried interest is taxed is enough to make even a megamillionaire corporate CEO envious...
Wedged on history's timeline between Caesar and Massoud is a figure who can stake a claim as the archetype of the modern military folk hero. Giuseppe Garibaldi, the 19th century Italian general who spent 12 years fighting for independence movements in Brazil and Uruguay before returning home to lead battles to unify Italy, was an international icon both during and after his lifetime. Though historians debate his tactical skills and political sense, few question his integrity, courage or charisma, which were chronicled for decades by writers from around the world. As such, Garibaldi remains a model that transcends time...