Word: turnly
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...appears, is that few people think Citigroup's earnings rebound is sustainable. Following the bank's strong earnings announcement, analyst John McDonald, who covers Citi for Sanford C. Bernstein, cut his estimates of what the bank could make next year. Instead of his earlier projection that Citi would turn a profit in 2010, McDonald thinks the bank will be solidly in the red next year, losing $3 billion. In his report, McDonald said investors should worry about "the earnings power and strategic direction of the franchise amid all the change and increased government ownership now under way." (See 25 people...
...eclipse obscures 75 percent of the sun. Since it happens in the early morning, I’m ordered to write an article as if it already happened, so that the newspaper I work for can print the story in past tense. I worry this will turn into my “Dewey Defeats Truman.” My co-worker convinces me that my article isn’t really that important. I feel only slightly better...
...wiser alternative may be to stand down, for a while. "Turn away and whistle," an Iranian academic suggested recently. Don't abandon the nuclear-sanctions process, but don't force it, either. Don't pursue negotiations. Let the disgraced Iranian government pursue us, as it might, in order to rebuild credibility at home and in the world - and then make sure the regime's interest isn't just for show. After all, Iran isn't the most frightening nuclear challenge we're facing. That would be the next country over, Pakistan. In the latest National Interest, Bruce Riedel...
...encourage trust was to make changes that Rachel Laser, director of the culture program of the think tank Third Way, says were designed to "turn down the heat." Laser began her career in the pro-choice community and agreed four years ago to help Ryan craft a common-ground bill. She shouldered the task of patiently hearing out each group's concerns and turning them into a final product that could garner broad support without being uselessly watered down or split into two. When abortion-rights advocates, for example, objected to a provision to have abortion providers obtain what...
...against Washington's demand for a freeze in settlement construction. The two sides remain locked in negotiations on the issue, with an already previously postponed meeting between Netanyahu and President Obama's Mideast peace envoy, Senator George Mitchell, postponed for a second time this week. (Read "Dissident Israeli Soldiers Turn a Harsh Light on the Gaza...