Word: whiffs
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Exactly 12 months ago, as rival European banks scented the first whiff of danger in America's mortgage market, the Royal Bank of Scotland had other business in hand. As French, German and Dutch banks confessed to being hit by their exposure to soured U.S. sub-prime mortgages, an RBS-led consortium was closing in on its eventual $100 billion buy-out of Dutch rival ABN Amro, the banking industry's biggest ever takeover. One year on, and Britain's second-largest lender is still making news - though these days it's much less welcome. On August 8, RBS announced...
...fact, the most striking thing about McCain's plan was how closely it mimicked the dismal debates of over 20 years ago, when Congress passed massive tax cuts and then pasted on Band-Aids like Gramm-Rudman-Hollings legislation to compel reductions in spending that never materialized. The mildewy whiff of McCain's economic policies intensified three days after the budget speech, when Phil Gramm himself appeared, in his capacity as McCain's economic guru, and pronounced that the country was in the midst of a "mental recession" - i.e., not a real one. He was sent packing, posthaste...
...this story were hesitant to line up behind the Shugdenpas, partly because of insufficient data, partly, perhaps, because of a feeling that this was a Tibetan issue ("these are monk wars," said one), partly because many are themselves deeply invested in the Dalai Lama, and partly because of the whiff of fundamentalism and recklessness that clings to the sect. Shugden "is about vengeance," says Robert Barnett of Columbia University. "I think that any talk of [its devotion to] compassion is misleading." Barnett believes that the movement's true goals must be "brought out into the open" - especially to innocent Westerners...
...German midfielder Michael Ballack for spoiling Austria's party. Some 70,000 Viennese had assembled in the Rathausplatz and the Heldenplatz, to watch the broadcast of Germany vs. Austria on a series of big TV screens; another 50,000 fans were at the stadium. Vienna had already gotten a whiff of excitement the night before when the city's large Turkish contingent took to the streets following Turkey's miracle 3-2 win over the Czech Republic. Anything seemed possible against the favored Germans...
When the very first trailers hit the Web for You Don't Mess with the Zohan, the latest Adam Sandler comedy readying for its North American release this Friday, more than a few movie buffs caught the whiff of something familiar. There were some who saw in Sandler's shaggy new look and scattered speech patterns, similarities to Borat, the fictional Kazakhstani television celebrity played by Sacha Baron Cohen in the hit 2006 comedy. Others saw the wording of the title - and the casting of John Turturro as Sandler's arch-nemesis - and were reminded...