Word: bitting
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Unfortunately, Markopolos said, his report was sent down to the SEC's New York branch chief Meaghan Cheung, whom he said "never grasped" the concepts "nor was the slightest bit interested in asking questions...
Markopolos, who said that he feared for the safety of his family's life prior to Madoff's arrest, read parts from his nearly 60-page written description of the SEC's "investigative ineptitude" and "financial illiteracy." At the start of his oral statement, Markopolos injected a bit of metaphorical humor into his charge, describing the SEC as a regulatory agency that "roars like a mouse and fights like a flea." With the sober, academic look of an accountant, the former investment manager for Rampart Investment Management in Boston (he is currently an independent certified fraud examiner) detailed Madoff...
...can’t underestimate the value of having everybody healthy. And so everybody is back in the lineup. “We just had exams, and that was physically [and] emotionally taxing,” she added. “[But] we were able to rest a little bit while other teams were banging each other up. BEANPOT MEANS A LOT Harvard’s win moves the team into the final round of the tournament, in which the Crimson will take on Boston College in its quest for a 13th Beanpot title. “It means...
That distinction matters quite a bit because Barack Obama promised during his campaign that lobbyists "would not get a job in my White House." On his first full day in office, that pledge turned into the new President's first official policy, when he signed an Executive Order banning lobbyists from serving in his Administration. The order did come with some fine print, however - a waiver process that the White House counsel could invoke at will in the name of the "public interest," allowing an undetermined number of former lobbyists to effectively violate the new policy. (See members of Obama...
...point, when asked about the North's alleged uranium-enrichment program, she said the U.S. had "never quite verified" its existence. That was certainly not the position of several key people in the Bush Administration - including the former President himself. The question now is, Will Pyongyang, feeling a bit ignored, raise enough of a ruckus to force itself back onto Washington's center stage? The answer may be one that President Obama and co., consumed from Day One with crises at home and abroad, don't need...