Word: tougher
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...California's pensioners got out unhurt. In what Connell says was a normal rotation of funds, CalPERS eventually liquidated its eventual $175.5 million investment in Jedi II in 2000 and received $171 million as of Oct. 31, 2001 - "a wash," according to spokeswoman Pat Macht. (The deal was actually tougher on Enron - CalPERS' exit forced the company to cover the funds by setting up the flawed Chewco partnership that would eventually start Enron's financial dominoes falling.) By then, says Connell, "We were just happy to get our money...
...hearing last Thursday, it marked a dramatic turnaround. For years, Congress has aided the accounting industry's efforts to avoid new auditing rules. Torricelli is one of many lawmakers (including Connecticut Senator Joe Lieberman) who have pressured the SEC several times over the past decade to back off on tougher regulations for auditors. Clinton-appointed SEC chairman Arthur Levitt tried to enact rules that would have kept firms from auditing and consulting for the same clients and forced companies to publicly disclose more liabilities, such as executive stock options. Each time Congress quashed Levitt's efforts. But that opposition...
Today, a gory SGPC combat video is on sale at some radical British mosques, presumably as a recruiting device. "What people often forget is that without money - and above all, without fake documents - Islamist terrorists would have a much tougher job preparing their attacks," says a French justice official. Perhaps the recent arrests will make that job even tougher...
...from among the half dozen options. Most climbers take the Marangu route, a benign five-day round-trip popularly termed the "Coca-Cola route. " Other routes are longer and more challenging, but also more scenic and less crowded. We opted to combine the Umbwe and Mweka routes. It's tougher, warned our guide, but the scenery is stunning...
...Crimson faced much tougher competition when it traveled to the Princeton Invitational for an individual tournament last weekend. The women started slowly, but their play improved as the tourney drew to a close...