Word: summered
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...federal court in Rio finally did the right thing last summer and ruled that Sean and David should be reunited. An appellate court upheld that ruling on Wednesday, and David flew to Rio on Thursday hoping to bring Sean back home for Christmas. But in a move that rivals the most disgraceful machinations of the Elián episode, Brazil's Supreme Court ruled as David arrived that the case requires further review. Now, the soonest the father can hope to be reunited with the son, if he can hope for that at all, is February...
After serving as a Harvard professor for almost 15 years, renowned Dante scholar Lino Pertile will assume the directorship of the Harvard University Center for Italian Renaissance Studies at Villa I Tatti in Florence, Italy, next summer, the University announced Wednesday...
...financial crisis so it could profit from it, Blankfein seemed the perfect man to explain why his firm - and indeed all of Wall Street - was not a band of élitist capitalist vampires but instead a virtuous bunch. But even everyman Blankfein, who launched his image offensive this summer with an interview in TIME, has not been able to turn back the wall of populist anger against his firm and Wall Street in general. His claim that he and his colleagues were "doing God's work" was openly mocked. Washington is still contemplating ways to rein in finance-industry risk...
...Veteran analyst Richard Bove of Rochdale Securities, who had been recommending Citi's shares since the summer, downgraded the stock on news that it was going to repay TARP from a "buy" to a "sell" rating. "What does it do for the company? Management can increase [executive] salaries," says Bove, referring to the fact that Citi will now be free of the government's compensation rules. "What else? Nothing...
...personal-finance adviser, Farrell has plenty of penny-pinching commandments at the ready. "Clip coupons," he intones. "Watch for sales. Trim cable, cell-phone and Internet costs. Don't pay ATM fees. Find no-fee checking and savings accounts. In the winter, turn down the thermostat, and in the summer, use ceiling fans instead of air-conditioning. Feed your family home-cooked meals and take the leftovers for your lunch at work...