Word: asks
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...pushed by regulators, BofA agreed to buy Merrill Lynch. The acquisition actually boosted BofA's capital ratios, but it also added losses to an already fragile capital structure; Merrill Lynch lost $15 billion in the fourth quarter alone. Knowledge of the impending losses forced BofA CEO Ken Lewis to ask the government for an additional $20 billion in TARP funds - on top of the $25 billion it had already received - as well as about $100 billion in loan guarantees. Without the government assistance, BofA says, it couldn't have closed the merger...
...Perhaps it was some kind of accident, but those who frame the incident as isolated ignore the bigger picture. Citizens should ask what causes a cop—not in jeopardy of his own life—to make that split-second decision to fire. The general mentality of police regarding crime fighting, distrust within communities, and a culture of fear across the nation regarding minority males should be factored in. Racism in law enforcement is an ugly reality and most people, especially supposedly sympathetic liberals, shield their eyes from it. We do not live in an impartial system marred...
...Nesson’s request is granted, he said he would ask Oppenheim to detail the steps taken to decide why to go after Tenenbaum...
...White House response to this disappointment was to ask for more time. "Look, old habits die hard in this town. We get that," said White House spokesman Robert Gibbs at a press briefing on Thursday. "But the President understands that changing the way Washington works isn't likely to happen in just 10 days...
...child, is another outstanding question for Italians. In her TV appearance Sunday she tried to clear up the matter, explaining that she had automatically gained French citizenship when she married Sarkozy but kept her Italian citizenship. "I'm Italo-French," she said. "I would have had to ask to renounce my Italian nationality, which of course I wouldn't want to do." Along with performances of several songs and inside secrets about life with the French President, Bruni's charm offensive on Italian TV looked like it might woo her native country. But it lasted less than 24 hours...