Word: stilles
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...Citi's deal to pay back the government was reportedly hashed out over a week's worth of marathon negotiations following Bank of America's repayment last week of $45 billion in government assistance. Citi did not want to be one of the few remaining big banks still using the government's crutch.(See the worst business deals...
Summers basically said that he thinks the debate should not be about whether the economy is still in a recession (it's not), but how fast it is growing: "The question is what the pace of the expansion is going...
...estranged wife has formally called it quits. Jenny Sanford, a high-powered investment banker before becoming the Palmetto State's First Lady, announced on Dec. 11 that she was filing for divorce after 20 years of marriage. "This came after many unsuccessful efforts at reconciliation, yet I am still dedicated to keeping the process that lies ahead peaceful for our family," she said in a statement. The split doesn't come as a surprise: the former Lazard bigwig conspicuously declined to stand by her husband while he disclosed his dalliance, rebuked him several times during interviews and moved...
Analysts like the New York-based Human Rights Watch worry that chaos in Guinea could threaten the wider region. Guinea borders Liberia and Sierra Leone, countries that are still recovering from civil wars that left hundreds of thousands killed or mutilated. To the east lies Ivory Coast, the former jewel of West Africa that remains divided following a civil war that broke out in 2002. Conflicts in this part of the world tend to cross borders, as the Guineans who fought in Liberia's war know all to well. A lively regional arms trade and recruitment of fighters could easily...
Italian police have identified Massimo Tartaglia, 42, as the alleged attacker. Tartaglia's father told Italy's Sky News 24 that his son had a long history of mental illness and was not a political activist. Still, one could hardly describe the act as "isolated." The political climate in the country is edgier than ever, and Berlusconi's love-him-or-hate-him effect on the electorate has only grown stronger over the past eight months in the wake of a sex scandal and renewed legal battles. Last month, Interior Minister Roberto Maroni demanded that Facebook disable a user page...