Word: anyways
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Long Yu has come a long way since the day in 1976 when he accidentally killed a duck. The duck was going to die anyway, but not until it had been properly fattened up in the breeding factory where Long, then 12, was required to work in the waning days of China's Cultural Revolution. The ducks were force-fed through a tube operated by a foot-pedal - a single pump per meal. One day Long got careless and accidentally pumped twice. End of duck...
Nobody is calling it a bust--not yet, anyway. Small to midsize builders like Ahmed are still operating, and 70,000 visitors attended Dubai's Cityscape property show recently, where projects worth some $180 billion were announced. Yet Dubai is vulnerable. As the gulf's business, transportation and tourism hub, it is more entwined with the global economy than many of its neighbors. And Dubai never enjoyed the profits from oil and natural gas that enabled sister emirate Abu Dhabi to amass a vast financial cushion...
...mitigation, the forward push continued. When managers did articulate problems, they were often ignored. In August 2007, one of Merrill Lynch's top risk managers warned his boss that a decision to wager $3 billion on indexes of mortgage-related securities was too risky. The firm made the bet anyway; three months later, the risk manager left. "The psychology during a boom makes it very difficult to come up with large stress scenarios and get management to consider them to be credible," says Ed Hida, a partner in Deloitte & Touche's risk- and capital-management practice...
...health care, jobs - neither McCain's record in the past nor his proposals for the future were distinguishable from the standard Republican fare promoted by President Bush for the previous eight years. That McCain may have lost an unwinnable race won't stop Republicans or reporters from blaming him anyway. Much as Duberstein warned, some conservatives will try to toss McCain over the side, reminding us that he was never their choice, despite all he did to win their support. They will argue that McCain's problem was not that he veered too far to the right but that...
...fertility treatments for stem-cell research. Under current state law it is illegal to donate embryos for scientific research. The measure, which is winning 52% to 48% with nearly all precincts reporting, was championed by the bipartisan group Cure Michigan, which argued that the embryos would likely be discarded anyway and had the potential to yield life-saving treatments and cures. Opponents, including Right to Life of Michigan, objected to the destruction of embryos and argued that the provision would limit the legislature's oversight of stem-cell research...