Slovenia says it can fix banking sector without international aid
Eurozone member Slovenia has said its largest banks need billions of euros
to plug holes in their balance sheets. But the government insisted no
international bailout would be needed for the recapitalization process.
CEO Bartz said the Internet giant's 6% operating margin is "unacceptable" and she vowed to regain the respect the company has lost over the past several years.
By ADAM NAGOURNEY
Gov. Tim Kaine of Virginia has been picked to succeed Howard Dean as head of the Democratic National Committee.
Six Vying To Become The Next RNC Chair
Following an election that has left Republicans with no clear vision about how to regain power, the normally low-profile race to head the GOP's national committee has turned into a six-man showdown that has opened rifts along racial, regional and ideological lines.
(By Perry Bacon Jr., The Washington Post)
RNC 是 Republican National Committee (Convention)
noun [C] 攤牌（ポーカーで）手札を全部開いて並べること; 決着; 対決; 暴露.
an important argument which is intended to end a disagreement that has existed for a long time:
The President is preparing for a showdown with his advisers over his plans to reform the economy.
Millions of dollars were spent on lawyers in a courtroom showdown between the two companies.
In an unusually detailed letter to The Children's Investment Fund, known as TCI, CSX said that it had considered -- and rejected -- all of the fund's suggestions, including changes to its board and cutting back on spending. It also said that it has rejected the fund's more drastic suggestions, including a management-led buyout or a leveraged recapitalization.
"The Board respects TCI's right as a shareholder to express its opinions regarding CSX and will continue to keep an open mind," the board writes in its letter. "However, the Board believes that the approaches TCI has offered are not in the best interests of CSX shareholders and, in some cases, have damaged the industry."
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