Word: turnaround
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Birds like the arctic tern and the endangered Kittlitz's murrelet can be seen skimming the astonishingly beautiful Alaskan coastline while sea otters backstroke through the cold, clear waters of the Sound. It is a remarkable turnaround since the Exxon spill, the worst man-made environmental disaster in U.S. history - the immediate shock of which killed hundreds of thousands of shorebirds that made their home in the Sound along with sea otters that choked on the crude. Over the long term, populations of orcas, killer whales, herring and other species would be injured by the accident. (Read "Remembering the Lessons...
...part of its effort to reorganize under Chapter 11 of the bankruptcy code, GM has named Al Koch, a partner in J. Alix & Associates, a Detroit-based turnaround firm, to serve as chief restructuring officer. Koch, who has served as the undertaker for dozens of other firms over the years, including Kmart, will be responsible for laying to rest what is already being quaintly referred to as the old GM and what will no doubt be a mountain of liabilities. (See pictures of GM factory-scapes...
...critical first steps the U.S. had to take in order to begin the process of reassuring its creditors. It had to demonstrate that it had a grip on the banking crisis - that financial Armageddon was not at hand - and it needed to show the world that a broad, macroeconomic turnaround wasn't too far down the road. Geithner is loathe to talk publicly about market behavior, but Treasury officials believe that a tightening of credit-market spreads shows an improvement in confidence. "Risk premia are receding in response to signs of stabilization," says an official familiar with Treasury's thinking...
...This wouldn't even be an issue at a nonunion company, because retirees wouldn't have health care," says Van Conway, a Detroit-based corporate turnaround specialist...
...captain, Laura Peterzan, put a lot of work into keeping the team together,” Green said. “We had strong leadership on the court and teamwork. Our captain worked overtime keeping a very young squad on task.”The turnaround from 2008 to 2009 also featured a turnaround within the 2009 season. At the beginning of this year, the Crimson dropped some tight preseason matches, including one to Dartmouth, a team that finished in the middle of the Ivy League pack. Injuries in the winter also did not bode well for the squad...