Word: spreading
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...bank that lasted several days, savers took back as much as $6 billion of their money (about 12.5% of the bank's total savings deposits) and helped sink Northern Rock's stock by 56%. As worries spread across the sector, other banks' shares dropped by as much as a third. And every day, the lines outside the branches seemed to grow rather than shrink...
...leading exponent companies of CSR are really innovative solutions to local business-related problems. When an ethical issue emerges, initially it's only the leading, most enlightened companies that come up with any sort of response. And once they've demonstrated that these responses are effective, they can then spread that best practice to other companies...
...regional superpowers. Spurred by last summer's war with Israel and by the current struggle between Iran and the U.S. over Lebanon's government, talented young people have been leaving in droves. "We're not a country that can handle big missions," says Haber. "One side wants us to spread democracy in the Middle East. The other side says that we're the country that's going to bring about the downfall of the Israelis and the Americans. They have been pushing the country into a state of survival, and in a state of survival, art doesn't survive...
...Until Monday's grand gesture, the more the authorities tried to sooth, it seemed, the greater the panic. With no sign of the run on Northern Rock ending - savers have so far yanked out well over $4 billion - the panic began to spread. Alliance & Leicester's stock plummeted by almost a third on Monday despite a statement insisting its business was solid; shares in Bradford & Bingley dropped by 15%. Desperate to restore order, the U.K. Treasury put its own money (meaning the public's money) down. "I want to put the matter beyond doubt," Darling said. Customers' cash held...
...added that the task force responded by spraying insecticide several years ago when infected mosquito pools were discovered but that they had since decided that a greater threat is required for response. The West Nile Virus first appeared in North America in the summer of 1999 and has since spread throughout the North American continent. —Staff writer Clifford M. Marks can be reached at cmarks@fas.harvard.edu...