Word: blowing
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...were shaken," says Crawford, who himself came under fire in the spring of 2007 for jawing with and unnecessarily ejecting San Antonio Spurs star Tim Duncan from a game. (Crawford was suspended for the 2007 playoffs, and he now admits that he "overreacted" with Duncan.) Crawford, describing the blow to his profession's reputation, says, "It was almost like you were in shock. You find yourself constantly defending yourself, defending your profession, defending your league. It was a tough time...
...first time in more than two decades of unparalleled growth, the city that seemed impervious has taken a direct hit to its self-esteem. Certainly, losing a bank name that's been part of the North Carolina fabric since 1879 is a blow to Charlotte's psyche. But most see as bank's acquisition by Wells Fargo as the best case scenario for Wachovia. "We're disappointed that Wachovia won't remain independent but I believe the strength and stability of having Wells Fargo as a partner will be better in the long run," says Michael Smith of Charlotte Center...
...this was a crippling blow to his legacy, Stevens didn't let on. The Senator, who is currently up for re-election, treated the verdict like it was just another attack ad in a political season, issuing a statement that hit right back at "prosecutorial misconduct." He promised, as he has in the past, to fight for his election to the finish, and to "fight this unjust verdict with every ounce of energy I have." Said Stevens: "I am innocent." He will head to Alaska later this week, presumably to take part in a debate with his opponent on Thursday...
...White House's hope of reaching a peace accord between the Israelis and the Palestinians suffered a fatal blow on Sunday when Tzipi Livni, the Israeli foreign minister and leader of the governing Kadima party, informed President Shimon Peres that she was unable to stitch together a new ruling coalition...
...line. When a bank or banker trades, it's not his neck on the line. He has an agency problem, and like [former Merrill Lynch CEO] Stanley O'Neal, if you follow the strategy you're going to make $160 million, and keep it, even if you blow up. And you'll do it again...