Word: unites
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Dates: during 2000-2009
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Trading in the lucrative swaps - which insured banks against losses on loans backed by mortgage securities - began on Greenberg's watch. But he is likely to argue that only after his ouster in March 2005 did the company's troubled FP unit fail to put up sufficient collateral to cover potential losses from the increasing number of loans backed by subprime mortgages. "You want to make sure you don't have any unexpected surprises down the road," he told TIME in a recent interview...
...trial is the first time a coup plot has landed high-ranking military officials in court. The 40 soldiers now being held include a retired general and colonel believed to have cofounded JITEM, a secretive military-intelligence unit which many Kurds suspect is responsible for most of the dirty work in the southeast, including the extrajudicial killings of dozens of Kurdish activists. The Ergenekon trial - the group named itself after a mythic central Asian valley Turks believe they come from - "is a milestone," says Nuserivan Elci, who represents some 50 families of the 'missing' in Silopi. "It's a historic...
...been more punishing than inside the Houston Recruiting Battalion. One of every 10 of the Army's recruits last year came from Texas - the highest share of any state - and recruiters in Harris County enlisted 1,104, just 37 shy of first-place Phoenix's Maricopa County. The Houston unit's nearly 300 recruiters are spread among 49 stations across southeast Texas. Since 2005, four members recently back from Iraq or Afghanistan have committed suicide while struggling, as recruiters say, to "put 'em in boots." TIME has obtained a copy of the Army's recently completed 2-inch-thick...
...gulping a handful of prescription sleeping pills in a suicide attempt that was thwarted when a co-worker found her. Montalvo says a boss bullied her about her weight. And she was shocked by the abuse that senior sergeants routinely levied on subordinates. "I'd never been in a unit before where soldiers publicly humiliated other soldiers," says Montalvo, who left the Army in 2002 after 16 years. "If they don't make mission, they're humiliated and embarrassed...
...report found that morale was particularly low in the Houston battalion. Its top officer and enlisted member - Lieut. Colonel Toimu Reeves and Command Sergeant Major Cheryl Broussard - are no longer with the unit. (He left for another post in USAREC; she was removed from her post until an investigation into her role is finished, and she is working in the San Antonio Recruiting Battalion...