Word: felling
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...even excluding the payments the banks made to the government, the fourth quarter was still a doozy. Sales at Citigroup, for instance, fell in three of its biggest units - investment banking, consumer banking and transaction processing - compared with the prior quarter. So while Citi's government-assistance repayment accounts for a big part of its losses, even without that, the bank still lost $1.4 billion in the last quarter of 2009. (See pictures of TIME's Wall Street covers...
...after the collapse of British manufacturer Rover Group, has reaped rich rewards by "playing up the Britishness and keeping a link to the heritage" of its spruced-up new models, says David Bailey, a professor of international business strategy and economics at Coventry University. Ford, on the other hand, fell afoul as the former owner of Jaguar by trying to take Britain's luxury sports-car brand into the mass market. Overseas buyers must "be aware of sensitivities of the brand and preserve it to sell the product successfully," Bailey says. "That's a key lesson for Kraft...
...coming contest. And it also appears that the targets of the commission are more than just Sunni politicians but also rivals of President Nouri al-Maliki and his supporters on the Accountability and Justice Commission (including its co-chair Ahmed Chalabi, the formerly exiled anti-Saddam activist who fell out with his allies in the Bush Pentagon and realigned himself with local Shi'ite politicians). The full list of banned politicians has yet to be published - the commission says that more names will soon be added - but leaks to the press have led to speculation that many firm fixtures...
...food subsidies to a surplus grain producer. "But that's where it all ended," says Rajat Roychowdhury, a political analyst based in Kolkata, West Bengal's capital. Resting on its agrarian reforms, the state became a byword for industrial decay, as its share of India's industrial output fell from 9.8% in 1980 to 5% in 1998. "Basu didn't do anything for industry...
...reporter that he had had a vision of a "soul" appearing to him and telling him that the secrets of the Torah would be revealed to him, allowing him to no longer work hard in his life. He became known as a healer for young women, some of whom fell in love with him. One of his "wives" said she was smitten after he cured her of a mysterious disease that had left her bald at age 10. Some of the women in the household severed all contact with their own families, insisting no one forced them to stay...