Word: strengthing
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Dates: during 2000-2009
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Such an insight was supposed to be a great strength of Citigroup, which combined a venerable global bank (founded as the City Bank of New York in 1812) with the upstart financial supermarket that Weill, the Brooklyn-born son of Polish immigrants, put together in the second act of his remarkable career...
Prince, a lawyer, became Citigroup CEO in 2003 largely on the strength of his skill in resolving these legal hassles. But he led Citi smack into the next big financial scandal: subprime-mortgage lending. Over the past five years, Citi went from also-ran to leading issuer of the CDOs that take subprime mortgages or other loans and reprocess them into purportedly low-risk securities. Market jitters and ratings-agency downgrades have sent CDOs into a free fall--and now the banks have to account for the losses...
This injury, coupled with the strength of the opposition, is cause for concern in the Crimson camp...
...weakness because we don’t have a proven guy that’s got a couple of years under his belt,” Donato says. “[But] I think the coaching staff and his teammates feel like it could be a strength, because we’ve seen him at his best, and hopefully he’ll have a great season for us.” During his peak last season, Richter completed an impressive 10-game stretch with a 7-2-1 record, a save percentage above .900, and a low goals-against...
...Pakistan and promulgated a new provisional order. The result of this is that he has stopped democracy in its tracks. And he has given an extended life to his ruling PML-Q party. I may mention that the PML-Q has some moderate elements in it, but the core strength of the Q comes from those people associated with General Zia ul Haq - the military dictator of the '80s that established the mujheddin - and it is these people whose governance has seen, by coincidence or otherwise, the growth of [Islamic] militancy in Pakistan. They are the ones that have presided...