Word: stakes
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...folks fleeced by Ebbers & Co., the penalties brought a measure of satisfaction. WorldCom's 2002 bankruptcy wiped out stock worth $180 billion at its peak. Employees like Bryant who had much of their retirement savings in company stock saw their investments wiped out. Bryant's stake dwindled from $39,000 to $4,000. (It's scant solace that WorldCom emerged from bankruptcy under the less tainted name of MCI, now a takeover target likely to fetch upwards of $8 billion from Qwest or Verizon.) WorldCom bond investors had a second reason to cheer when J.P. Morgan Chase agreed last week...
...with so much at stake economically, blocking any change could backfire. Powerful lobbies like the German Federal Association of Industry, and Eurocommerce, which represents French and other European retailers, are pressing for liberalization. Even German Economics Minister Wolfgang Clement says he's in favor. "We need more competition in Europe, also in the service sector and that's a fact," Clement told the Tagesspiegel daily newspaper...
...talks among North Korea, the U.S., China, Japan, Russia and South Korea, stalled since Pyongyang confirmed in early February that it possessed nuclear weapons. Bush and Rice have long believed that the best way to disarm Kim Jong Il is to persuade China, which has the greatest stake in the region, to muscle the North Koreans into multilateral talks. Lately, the Chinese have been cool to cutting North Korea's aid to get them back to the table. China's Foreign Minister has even hinted that the U.S. should engage the North Koreans directly, something Bush has ruled...
...easier than buying it. But Shan, 51, has been there before. In 2000 he helped Newbridge become the first foreign owner of a South Korean bank, Korea First; Newbridge managers doubled the bank's assets and strengthened its loan portfolio. In January Newbridge sold its 49% stake to Standard Chartered for $1.6 billion--nearly quadrupling the fund's investment...
...Auslander wants to stake a claim to the title of American Jewish literature’s bona fide “bad boy,” his most compelling credential might be that he’s—gasp!—a college drop-out. After leaving school, Auslander rose through the ranks of a New York advertising agency. Somewhere along the way, he appears to have acquired a knack for writing in 30-second sound-bytes...