Word: trusted
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Dates: during 2000-2009
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Worrying about our boys--reading and writing books about them, wringing our hands over dire trends and especially taking more time to parent them--is paying off. The next step is to let them really blossom, and for that we have to trust them, give them room. The time for fearing our sons, or fearing for their futures, is behind us. The challenge now is to believe in them. [This article contains charts. Please see hardcopy...
...firms are starting to defy this unspoken rule. A team of PE players joined forces with publicly held Vornado Realty earlier this year to try to derail Blackstone's agreement to buy office giant Equity Office Properties Trust. Although the PE contingent, which included Starwood and Walton Street Capital, eventually dropped out, the ensuing bidding war wound up costing Blackstone significantly more to buy Equity Office in what became the largest leveraged buyout in Street history. Blackstone was forced to boost its bid to $55.50 a share, or $39 billion, from the original $48.50 a share. Another deal jumper...
...With no end in sight to the growth of Israelis settlements and security barriers in the occupied West Bank, most Palestinians have lost faith in the ability of Fatah's notoriously corrupt leadership to lead them to the promised land of a Palestinian state, and have instead put their trust in Fatah's rival, the puritanical militants of Hamas...
...joint exercises with the U.S., Romania and Bulgaria. General Vladimir Shamanov, particularly notorious for aggressive tactics in Chechnya and now advisor to the Russian Defense Minister, said: "The Soviet Army took part in joint exercises with the Nazi Germany. Which resulted in Germany's perfidiously attacking the USSR. What trust there can be now, if the U.S. is deploying bases in Romania and Bulgaria...
When it comes to making business decisions, you want to be surrounded by people you can trust. My mom always said to trust your gut, and my ship is definitely going in the right direction...