Word: tumult
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Opportunity is the silver lining embedded into every crisis. With so many sectors in flux, savvy players will reap rewards. But executives are demonstrating an unwillingness to retrench, and the report mounts a persuasive case for why that's a dangerous thing. Emerging from the tumult unscathed requires a clear-eyed look at the recession's bleak realities-and the talents of a turnaround artist. "The global economic landscape will be changed for at least a generation," the authors write. "Preparing for that eventuality now is essential." Perhaps because they have more to lose from not doing so, the cream...
...According to The New York Times, "The deal would not only create a pharmaceutical behemoth but would be a rarity in the current financial tumult: a big acquisition that is not a desperate merger of two banks orchestrated by the government...
...Given that his country is in tumult, Beydulla is greatful for the opportunity to escape the pressures of China and continue his studies at Harvard...
...mushroom cloud was the symbol under which the mid-20th century was baptized. As the last great global tumult, the Second World War represented the convergence and the stratification of ideologies. But what hoisted itself above all of these intersecting faiths—above fascism, communism, capitalism, democracy—was the ambivalent shroud of dust and ash in which mankind could glimpse a vision of its own destruction. To watch footage of the atomic tests—the grainy, bird’s-eye view of a seemingly endless geyser of particulate matter—is to understand...
...Porsche denied any responsibility for the stock market tumult caused by its announcement. And it sought to assuage its critics by promising to sell shares totaling about 5% of VW back to the market to allow banks to close their positions - at a handsome profit, of course, because Porsche first started buying VW shares when they cost $45. No one in Germany is crying any tears for the hedge fund losses, of course, but the episode has alerted many to the fact that casino capitalism isn't confined to Wall Street. And presumably some badly burned high rollers...