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...McDonald is not alone. David Hendler of CreditSights recently lowered his rating on Citi's stock to the equivalent of a "hold." Says Hendler: "Our view is that Citi is in the midst of a large scale disassembly of the global franchise, and the ultimate configuration of the company remains murky...
Copney, who was kept out of view during the arraignment, will continue to be held without bail and is scheduled to appear in Superior Court again on Sept. 10. His defense attorney, J. W. Carney, Jr. said after the arraignment that further hearings will likely take place before the trial, and that more evidence may be exchanged between the prosecution and defense at the hearings. Carney said he expects the trial to begin in September or October...
...protesters last month has sufficiently intimidated many would-be protesters, as has Supreme Leader Ali Khamenei's continued threats of a "brutal" response to any public demonstrations. On July 20, he declared that "anybody who drives the society toward insecurity and disorder is a hated person in the view of the Iranian nation, whoever he is." (See the top 10 protest symbols...
...work. "Once you synchronize the two, you can determine the relative motion of the man and the horse." The jockeys also wore global-positioning trackers so their speed and position could be followed. "The tracker was in the helmet, where the GPS satellites could get a clear view of it," says Spence. The horses and riders were then sent running, and the biomechanical data poured...
...would the opposite happen? That's what they are afraid of, that uncertainty." Li believes it could take 15 years for China to make the yuan a fully convertible currency. Laurence Brahm, a China expert and author of the new book The Anti-Globalization Breakfast Club, seconds this view. Though Brahm believes that China has a long-term goal of making the yuan a top-tier global currency, he says that the major reforms needed may have to wait until new leaders come to power. "During the administration of [President] Hu Jintao, a conservative leadership, I don't think they...