Word: statements
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...bigger worry for Branson is that some larger shareholders are coming out against the deal. Philip Richards, CEO of the hedge-fund RAB Capital, which owns 6.5 % of the bank, released a statement saying, "We do not believe that this proposal reflects the true value of Northern Rock and we would expect either that this proposal be improved or that alternative proposals be brought forward...
...handling of the early stages of the crisis. In September, nervous pensioners withdrew $4.14 billion in less than a week despite the government's extravagant bailout package, and reassurances from the Prime Minister that the bank was solvent. Eventually, only Chancellor of the Exchequer Alistair Darling's statement that the government would guarantee all deposits at the bank stopped...
...What It's Been Good For In the discussion with Meryl Streep, Robert Redford and TIME's Richard Corliss, Tom Cruise said, "Wars never solved anything" [Nov. 12]. Such a shockingly wrongheaded statement makes one wonder why anyone would want to hear his opinion on anything. One war should be enough in itself to refute his statement: the American Revolutionary War. It took years of fighting and the deprivation of American troops to defeat King George III and his minions. Negotiations could not have persuaded the English government to give up its colonies. In addition, the efforts needed...
...When asked today if he would consider returning to Washington if a Democrat were elected in 2008, Rubin, who has publicly supported Hillary Clinton in her bid for the White House, initially was adamant in saying no—but later revisited the question and retracted his prior statement...
When asked yesterday if he would consider returning to Washington if a Democrat were elected in 2008, Rubin, who has publicly supported Hillary Clinton in her bid for the White House, initially was adamant in saying no—but later revisited the question and retracted his prior statement...