Word: unionizers
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Dates: during 2000-2009
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Swiss banking giant UBS takes its name from the first initials of the company's original moniker Union Bank of Switzerland. But over the past few months the Swiss have begun to joke that the acronym should stand for United Bandits of Switzerland. Fury over a tax scandal and massive losses thanks to UBS's exposure to the toxic subprime market in the U.S. is growing fast. "Those arrogant and greedy bankers are tarnishing our image," says Marie-Claire Favre between sips of her cappuccino in a Lausanne cafe. Standing in front of UBS's Lausanne office, Bernard Thevenoz...
There are countless ways to control costs; some of them, like liability reform, won't easily fly through a Democratic Congress. We held our breath as Mr. Obama drew a line in the sand in front of Big Agra and the teachers union last week, hoping against hope he would continue it across the trial lawyers. But the doctors I know wince whenever electronic medical records are held up as some kind of silver bullet...
...statute - and Russia, China and the U.S. have still not done so. Its ad hoc predecessors may have prosecuted leaders from around the globe, but so far the ICC has only indicted Africans: in the Central African Republic, the Democratic Republic of Congo, Sudan and Uganda. "That," says African Union chairman, Jean Ping, "is a problem...
...debt or busting the budget, as they feared he would, Lula embraced one of the few positive legacies of Brazil's royalist roots: deliberate, negotiated consensus-building. It's a hallmark of Brazil's widely respected diplomatic corps - and it tempered Lula even when he was a metal-workers union boss in the 1970s. Unlike more radical Latin leftists, such as Venezuelan President Hugo Chávez, Lula "was always a negotiator," says union pal and former congressional Deputy Djalma Bom, who recalls Lula telling him to stop reading Lenin 30 years ago. Even rivals like Rubens Ricupero, a former...
Moore's story, which was published by DC Comics in 12 monthly installments in 1986, was conceived back when Ronald Reagan and the Russkies were still swapping dark threats, and few imagined the Soviet Union could collapse under its own deadweight. This was the pre-Internet age (Moore pounded out his scripts on a manual typewriter), when most comics had an afterlife only in the back-issue bins. But Watchmen soon attained the status of legend and literature; in 2005, TIME cited it as one of the 100 best novels since 1923. (See page 54 for our book critic...