Word: timing
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...many ways, the tightened credit make sense. We are living in the aftermath of the greatest credit bubble since the Roaring '20s, after all. Standards were too loose and had to change. At the same time, problems at many banks are contributing to the new, more conservative lending stance. Souring real estate loans are driving dozens of banks out of business. Since the beginning of the year, the Federal Deposit Insurance Corporation has taken over 30 failing institutions...
...21st century. Women currently only occupy 12% of the management positions at Deutsche Telekom offices in Germany - and none of the positions on the eight-member executive committee. In order to recruit more women managers, the company says it plans to introduce more flexible working hours and part-time positions, as well as expand its parental leave schemes and child-care services. It has also implemented a new "stay in contact" program, which helps women managers keep in touch with the office while on maternity leave. (See the dangers of printing money in Germany...
...industry-related service providers. But he adds that instituting "rigid legal requirements, like a quota, are not a suitable method." The move is also likely to anger more than a few people at Deutsche Telekom, Wenders says. "Some male employees may worry that they'll have a difficult time now getting to the top," she explains. The quota has gone down well, however, with union members. "It's never too late," says Jan Jurczyk, a spokesman for Germany's public sector union, Verdi. "German companies still have a lot of catching up to do with their European counterparts." He hopes...
...North Sinai, then, the sheer notion that there were Bedouin willing to side with Israel over Egypt constituted nothing short of the most serious treason. "Journalists should depend on official sources," declared Mosaad Arug, a member of the North Sinai local council, in a meeting convened to confront TIME's reporter about the story. "The people you met are not in charge and should not be trusted." More than 30 governing councilmen and -women - including a few Bedouin - crowded around a large conference table, many of them brimming with anger...
When names and an apology weren't given, the anger shifted to pandemonium. "Zionist!" a man yelled as the meeting broke up. A letter submitted to TIME by the council accused TIME, along with the Israeli newspaper Ha'aretz and the American news website Global Post, of fomenting "irritation, division, unrest and instability in Sinai" and of "creating a gap between the people of Sinai and the government...