Word: unites
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Dates: during 2000-2009
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...does the President's personality or the country's mood affect the parade? Take Dwight Eisenhower. He was a military man with a no-nonsense personality, so it was a very conservative parade. Basically, he said, "Look, each state will be limited - one float, one band and one military unit, and that's it. No big deal." And it wasn't. The parade took just two hours...
...middle of a worldwide financial crisis, it's a potentially lucrative business, one with the opportunity for global growth that few other industries have. "This is one of the few markets left that is surviving the crisis," says Khaled Awad, the director of Masdar's property-development unit. (See pictures of the effects of global warming...
...will step in and do what it did for Bank of America (BAC) as its Merrill Lynch unit posted a $15.3 billion loss in the fourth quarter. Citi will also get a program which will guarantee the value of certain bad assets and keep the bank from failing...
...Under the government's aid program for Citi the government will share losses on over $300 billion in assets, with a term on the guarantees up to ten yeas. Citi will immediately separate its banking unit from its brokerage and money management units. There is simply too much risk in the investment operations to keep them married to a commercial bank...
...trying to stay one step ahead of the sharks, er, shorts, who have taken the stock down more than 20% in the past two days. Though Citi is moving aggressively to hive off assets and divisions - earlier this week it announced the merger of its Smith Barney brokerage unit with Morgan Stanley's Global Wealth Management division, a deal that will bring Citi more than $2 billion - investors are worried about worsening loan losses across the banking sector and also about Citi's ability to get decent prices on any other asset sales. Even JPMorgan Chase, which reported a small...