Word: classing
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...This is the thanks you get for creating the middle class, Henry. In the throes of the biggest auto swoon since 1931, the headmen of Detroit go hat in hand to Washington to try to keep their once mighty industry upright for a couple of months and are treated as if they had invented the four-wheel-drive subprime mortgage. AIG torpedoes the entire economy and gets a $150 billion handout; Citigroup takes risks no sane manufacturing company would even contemplate and is rewarded with a $20 billion federal bailout. And the car guys...
...near to their long-sought goal of parity with the Japanese firms Honda and Toyota as they are to collapse. In the past couple of years, Detroit has closed the quality gap. Its cars are competitive on engines and drivetrains and fits and finishes. Some top-class products score well with car rater J.D. Power, such as the Cadillac CTS and Ford's new F-150. "What exposes us to failure now is not our product lineup or business plan or our long-term strategy," GM's Wagoner told Congress. "What exposes us to failure now is the global financial...
...attended the prestigious National Cathedral School, an all-girls academy. She was a star point guard on the basketball team and was known as "Spo," short for "Sportin'." She also lettered in two other varsity sports, and was president of the student council and valedictorian of her class...
Brought together largely by e-mail and city-wide text messages, Indians from across the country's religious and ethnic spectrum marched together in Mumbai. The rally's most conspicuous demographic, though, was of another sort altogether and one rarely seen massed in protest: the affluent middle class. "This is surreal," says Dhruv Wadia, a young advertising professional, pointing to a gaggle of middle-aged women, a few sporting Louis Vuitton handbags. "All the aunties have showed up." (See a video of Mumbaikars taking to the street...
...long history of terror bombings and violence never has before. However, lost in the eulogies to those trapped within the Taj Mahal hotel and the Oberoi-Trident, are the 56 people shot on the same night at the Chhatrapati Shivaji Terminus, a central rail station for the transiting working class. It was the highest death toll for a single site during the three days of chaos. Many of the dead there were laborers. "For whom is the [Taj Mahal hotel] iconic?" asks Gulan Kripalani, the executive director of the Mumbai-based NGO, Citizens For Peace. "My maid has lived...