Word: unioneering
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...glitter and glam of the Barbie gathering at the Marriot Wardman Hotel may have seemed out of touch with the nation's economic woes, but "the Barbie market is very, very strong," says Sandi Holder, owner of the world's sole Barbie-only museum, located in Union City, Calif. And she should know: her biennial Barbie auction did well this year, despite the economy. Holder, who gave up her career as a pediatric intensive-care nurse in order to pursue her Barbie passion, even takes the cake with a world record: in 2004 she auctioned...
...President was right when he called the arrest stupid. It doesn't mean Crowley is stupid. It means that, in that moment, he made a stupid choice. Barack Obama has made some stupid choices on occasion too. We all do. Everyone who is defending Crowley's arrest, including his union, needs to reread his report. There is a crime described in there. In fact, Crowley's report is a written confession of the crime of false arrest...
There is another lesson in Wiedeking's downfall, a lesson unlikely to be lost on automotive executives, investment bankers or even European Union bureaucrats: Volkswagen is not just any German company. Wiedeking lost his bid for control of VW when he lost the support of Ferdinand Piech, the VW supervisory board chairman who initially backed a Porsche takeover. Piech realized that Christian Wulff, the premier of the state of Lower Saxony, which holds a blocking stake in the carmaker, would not support a takeover. All Wulff had to do was use the so-called Volkswagen...
...European Union has tried to topple the VW law, which it calls protectionist, but in 2008 Germany passed a revised VW law that granted Lower Saxony a veto right in the event of a takeover attempt. Wiedeking underestimated Wulff and the political nature of the battle. That made failure almost inevitable. Still, the money will help soothe his current woes...
However, breaking the duopoly on power by the Kurdistan Democratic Party and the Patriotic Union of Kurdistan will be difficult. The two main parties are led by two feudal and politically powerful families, the Barzanis and Talabanis, which, along with their extensive security forces, have waged at times violent civil war against each other. Since 2003, however, the two have cooperated to form a coalition that dominates the Kurdish parliament (as well as the Kurdish contingent to the national legislature in Baghdad). They have also split the most prestigious titles between them: Massoud Barzani is president of the KRG; Jalal...