Word: stockings
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...student loan industry has been exposed as a backwater of corruption and insider dealing. Paid vacations to the Caribbean and private stock offerings have made quid pro quo a moniker for the student lending industry. Prompted by the year-long crusade against this $85 billion per year industry led by New York State Attorney General Andrew M. Cuomo, the Department of Education issued new rules last week to prevent such illicit practices. While these federal regulations will help curb financial abuses by lenders and universities, they are not as stringent as many state statutes, and offer far too many loopholes...
...this. His approval ratings in Pakistan are at an all-time low. By Monday, rumors were spreading of a coup that would oust Musharraf. One had Pakistan's new Vice Chief of Army Staff, General Ashfaq Kyani, taking his place. But officials in Washington are not putting much stock in those rumors. For one, Kyani is an old comrade of Musharraf's. Furthermore, military uprisings against Musharraf, they say, are a perpetual rumor in Pakistani politics and impossible to substantiate. It is a testament to the woeful state of the Pakistani political imagination that the only solution it can come...
...manages assets worth well over $2 trillion.” And if those numbers do not render you speechless, another of UBS’s accomplishments, the editorial presumes, certainly will. Apparently, by arranging what some hope to be China’s largest ever stock offering, “the bank plays an important role in underwriting the supporters of Sudan’s genocidal government.” And with that note, the chanticleers of self-righteous indignation sound their call—nearly 900 hundred tiresome words long—to action. “Divest from...
...will use tons of recycled material and be vastly more energy-efficient. Wal-Mart has pledged to reduce energy usage at its stores 30% by 2012. It has embraced compact fluorescent lightbulbs (CFLs) and less packaging. For instance, by next May, to save energy and space, the company will stock only concentrated detergents. In a high-efficiency prototype near Kansas City, Mo., the company is testing LED-illuminated refrigerator cases that don't light up until you approach them, so the lights stay off 40% of the time. Elsewhere it is testing solar panels and windmills...
...However, Norris suggested that the media has regularly predicted fluctuations in the economy, but that the general public has typically ignored words of caution in the press because these predictions may not reflect the current situation. “Eventually I got tired of writing how crazy the stock market was,” Norris said of the tech bubble at its peak. Frankel said that the bubble was not covered extensively in the late 1990s because journalists are more interested in projects with a more immediate impact than those with longer time frames. John D. Cella...