Word: staking
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Harvard is likely to encounter Trinity again at the Howe Cup on Feb. 14-16, when the national championship will be at stake...
...magic number at which the FSA can forcibly recapitalize a bank or place some operational control in government hands. Desperate to raise capital, Japanese banks are finally overcoming their deeply ingrained disdain for foreign investors. American investment bank Merrill Lynch was recently allowed to take an $849 million stake in a company created by troubled UFJ Holdings, Japan's fourth largest bank. And two weeks ago, Sumitomo Mitsui, Japan's second largest bank, sold $1.27 billion worth of convertible preferred securities to investment bank Goldman Sachs...
...capital will be needed, according to analysts. Fiat recently announced a plan to cut at least 8,000 jobs, provoking bitter workers to block airports, roads and factories. In Agnelli's honor, though, workers have postponed several stoppages planned for the coming months. Agnelli had already sold a 20% stake in the auto company to General Motors for $2.4 billion in stock in 2000, in what turned out to be a better deal for Fiat. GM has already taken a $2-billion writedown on the stock. Yet it may have to acquire more. Fiat has a put option that could...
...seriously damage the world’s opinion of America for decades to come. Next week, as we shop for classes and consider the shape of our schedules next semester, we must not forget to consider the shape of the world after graduation. We have just as much at stake in that world as our parents. We must make our pleas louder, and our president ought to listen...
...want them to believe that they have a stake in the U.N.,” Sorenson said. “I am also very eager to see if some of them are interested in U.N. careers...