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Inventive and dynamic risk-takers who changed the face of Britain

Appointed chief operating officer for exploration and production in 2002, he later became the executive assistant – or bag carrier – for Lord Browne, his predecessor in the chief executive slot. He distinguished himself in 2006 with a candid and public reflection on an overly "top-down" style of leadership at the company, expressing concern about the company’s commitment to engineering and maintenance. Accidents in the Gulf of Mexico, and Alaska, have punctured the company’s aura. Mr Hayward’s task is to restore BP to preeminence.

3 - Damon Buffini is chairman of Permira. It may not be the biggest buyout powerhouse, but it is the one that has consistently set, and defended the private equity agenda. Mr Buffini, brought up on a council estate by a single mother, has been ridiculed by unions as an asset stripper and parasite.


Official warns Iran will respond to U.S. attack with 'more decisive ...

Iranian supreme leader Ayatollah Ali Khamenei, right, makes his way among Chief of the General Staff of the Armed Forces Hasan Firouzabadi, center, Revolutionary Guards commander Mohammad Ali Jafari, second left, and Defence Minister Mostafa Mohammad Najjar, left, in an army joint day-break ceremony in Tehran.

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DAVID LEASK and DOUGLAS FRASER

This article will have absolutely zero impact on English opinion, since on the occasions the English are not using Scotland as an excuse to indulge in their quaint traditional racist xenophobic whinging and complaining they behave as if they know more about the dark side of the Moon than they know about Scotland. I doubt there is more than a handful of English people who even know the Herald exists. Although I'm sure all the ignorance and prejudice is all just them having a bit of a laugh. .


Transcript: NPR Democratic Candidates' Debate

The moment that declaration was made, oil prices jumped over $18 a barrel. The moment that declaration was made, every one of our friends, from Iraq to Pakistan, felt they had to distance themselves from us because it appears to be a war on Islam.

My — with all due respect to my colleagues, with the exception of Senator Dodd, they're not connecting the dots here. This matters, and there's no evidence — none, zero –

SIEGEL: Thank you.

SEN. BIDEN: — that this declaration caused any change in action on the part of the Iranian government.

SIEGEL: Senator Barack Obama.

SEN. OBAMA: There was another problem with the resolution that we haven't spoken about, and that was that it suggested that we should structure in some way our forces in Iraq with the goal of blunting Iranian influence in Iraq.


A Path Worth Taking? The Prospects and Challenges of a U.S.-Taiwan ...

Taiwan will also look forward to discussing the FTAAP concept with our APEC partners. In addition, Taiwan has set a short-term goal to launch FTAs with key trading partners like the United States. Taiwan's efforts to negotiate bilateral FTAs would help to preserve and maintain momentum for promoting open, fair and free trade liberalization at the WTO and in APEC.

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Capitol South, Washington, D.C.: The mid-term elections last year in the U.S. changed the composition of Congress in ways that may have increased the legislature's anti-trade sentiment. With the President's Trade Promotion Authority expiring on June 30, 2007, and new legislation required to extend it beyond that time, why is Taiwan continuing efforts to pursue negotiation of a bilateral free trade agreement with the U.S.


Pakistan's courts locked down; Bhutto in Islamabad

Three days after Musharraf suspended the constitution and declared a state of emergency, Pakistan's judicial system is in lockdown, with thousands of lawyers jailed and many judges detained in their homes.

Former prime minister Benazir Bhutto arrived in Islamabad from Karachi on Tuesday for meetings with other opposition leaders about how to respond to Musharraf's declaration.

"I don't think we have time, and I don't think we should give time," she told reporters. "I think we should all come down as strongly as we can for the restoration of democracy."

In a telephone call, former Chief Justice Iftikhar Muhammed Chaudhry -- fired by Musharraf on Saturday -- urged a gathering of lawyers to go to "every corner of Pakistan and give the message that this is the time to sacrifice." Watch police club and kick lawyers »

Asked if he had a message for Musharraf, he told CNN International, "He should restore the judiciary, which was working independently in this country for the strengthening of the institution of democracy."

Musharraf's declaration noted a "visible ascendancy in the activities of extremists and incidents of terrorist attacks" and it blamed a judiciary that was "at cross purposes" with his government's efforts "to control this menace."

Opposition leaders, however, suggested the judicial activism Musharraf was really targeting was an expected Supreme Court ruling that would bar him from another term as Pakistan's president.


Stocks for the Downturn

In April 2002, the country was still recovering from a recession. And the S&P 500 would fall by 23% over the course of the year. Even seemingly stable large-cap companies such as Microsoft (Nasdaq: MSFT), General Electric (NYSE: GE), and Citigroup (NYSE: C) saw their valuations plummet.

It was not a good time to be an investor. Or was it? Our Motley Fool Stock Advisor service was launched at that time, and despite a rocky start, every issue offered a pick that is now beating the market or beat the market until we recommended selling it.

What's more, several of the selections have delivered multibagger returns for Stock Advisor members. How did advisors David and Tom Gardner find great stocks in such a tough market environment?

Portrait of a multibaggerThree of the top-performing and still-active recommendations from Stock Advisor's first year are listed in the table below:

Recommending Issue

Returns to Date

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Financial Taxidermy - Lessons in Being Stuffed

This article was originally published on December 5th for the benefit of subscribers.

Taxidermy refers to the job of taking the skins of dead animals and mounting them onto a plate of some form that depicts them in a naturally occurring state. With the era of photography and cartoons, this is not required for today's article. Instead, pictures are strategically placed onto the S&P 500 Index chart to "capture" what the general populous was thinking at a particular point in time.

One of the main reasons for this article taking a long time to publish was finding the appropriate pictures. A picture is said to be worth 1000 words, so each picture is supposed to be representative of the thoughts of each individual at a certain point in the stock market cycle. The stock market is a barometer of how the economy is doing and the footprint left by the "tape" directly captures the summation of all participants.


 
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