Word: current
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
What's more, IndyMac is only one of four financial firms to have effectively been nationalized during the current financial crisis. Among that group, which also includes Fannie Mae, Freddie Mac and AIG, only IndyMac has been returned to private ownership. The others seem a long way off from a similar outcome, if at all. Critics of nationalization say taking over and resolving the issues at a bank like Citigroup, which has hundreds of thousands of employees and businesses spread around the world, would be a much more difficult task than turning around IndyMac, which is a relatively small bank...
...street of ancient booksellers was strange. "The people who read things need to print," he explains, "so I opened a shop to complete the picture." Ayman does not read himself, he tells me, except manuals for copy machines. Fixing them is his hobby, though he bemoans the current models. "Now all the copy machines are very commercial. You used to be able to fix the old ones yourself...
...Schaeffler acquired a company called Davistan AG in the town of Kietrz. Davistan was a former Jewish-owned manufacturer of upholstery and carpets that had gone bankrupt. In an interview with Schöllgen in the Süddeutsche Zeitung on March 2, Davistan is described as the "cornerstone of the current Schaeffler Group." The company belonged to a Jewish family named Frank that ran into trouble during the Great Depression and left Germany in 1933 as anti-Semitism began to spread. But Schöllgen says the company was not part of Hitler's "Aryanization" program to transfer Jewish property to Germans...
...bombs. Schaeffler and his younger brother Georg, who would marry Maria-Elisabeth in 1964, fled Kietrz in 1945 as the Red Army advanced. Wilhelm was arrested by U.S. forces and served more than four years in Polish prisons after the war. (Schöllgen points out that none of the current allegations were ever brought up in Wilhelm's trial.) The Schaefflers later settled in Bavaria and rebuilt the company, founding the textiles company INA, out of which grew the modern-day Schaeffler Group...
...Obama's civilian advisers fear a quagmire. But they know that some middle ground, between a "Central Asian Valhalla," as Secretary of Defense Robert Gates put it, and the current slide into chaos, has to be found. "We have to stabilize the military situation," said an Obama aide. "Continue to build up the Afghan army, and help the government to become more effective." In other words, hope that the disintegration of Afghanistan can be prevented while waiting - and hoping - for the Pakistanis to take effective action against the al-Qaeda and Taliban safe havens...