Word: stanleys
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Moments after they win the National Hockey League championship, the delirious members of the victorious team invariably pass the Stanley Cup around the ice and essentially make out with the silver trophy. It's pretty gross. After all, don't these guys know that during its 116-year history, liters of backwash have sloshed around the Cup as countless players and fans chugged champagne out of this glorified keg? Don't they know that at least one dog - and a Kentucky Derby-winning thoroughbred - have slurped chow from the Cup? And that both infants and inebriated adults have literally treated...
...pursuing a policy of balkanization in the country. On May 18, the Nation published a story that said: "Former prime minister of Pakistan Benazir Bhutto was assassinated on the orders of the special death squad formed by former US vice-president Dick Cheney ... The squad was headed by General Stanley McChrystal, the newly-appointed commander of US army in Afghanistan." The story was sourced to an interview by an unnamed Arab TV channel with American investigative journalist Seymour Hersh. Hersh immediately denounced the report as "complete madness" to another Pakistani paper, the Daily Times, saying, "Vice President Cheney does...
...running the funds "knew or should have known" Madoff was a fake, simply based on the exorbitant, non-stop returns they received. Suits have been filed against Walter Noel's Fairfield-Greenwich Group, which withdrew $3.2 billion since 1995, Jeffrey Picower's funds, totaling $6.7 billion withdrawn, and against Stanley Chais, whose funds took out over $1 billion since 1995. (See pictures of the global financial crisis...
...Washington A New Warlord in Afghanistan General David McKiernan is being replaced as the top U.S. and NATO commander in Afghanistan by three-star Army Lieut. General Stanley McChrystal. It's the first dismissal of a wartime general since that of Douglas MacArthur during the Korean War. The appointment of McChrystal, a former special-ops chief credited with orchestrating the capture of Saddam Hussein in Iraq, signifies a more pointed, aggressive military posture in Afghanistan...
...could translate into a lot of money. In the past six months, the nation's largest banks have raised just over $225 billion using government guarantees, according to Thomson Reuters. Had the banks had to raise that money on their own it would have been much more expensive. Morgan Stanley, another bank that has reportedly been looking to pay back TARP funds, has raised $23 billion in FDIC-backed debt since the program began in November. Hintz estimates the government's help is allowing Morgan Stanley to lower its borrowing costs by 5½ percentage points. That would have raised...