Word: buckleys
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Dates: during 2000-2009
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...like Access Hollywood. Its on-air talent is colloquial--"Slammed on the floor!" said a reporter describing Janet Reno's public fainting spell last week, as if she had been upended by The Rock--with less patrician polish than traditional newscasts. It's a far cry from William F. Buckley--a conservative haven that appeals to social-class resentment. O'Reilly, the highest-rated host in cable news, plays the class card explicitly, inveighing against limousine liberals in one breath and oil-company lobbyists in another...
...within the bank or outside. It also suspended five senior executives at Allfirst, though it hasn't accused them of wrongdoing. "Clearly, controls broke down," said Susan Keating, president of the Baltimore unit, "and we don't wholly understand how." Her boss in Dublin, Allied Irish chief executive Michael Buckley, suggested that no controls could hold back a trader determined to commit fraud. "You have a wonderful alarm system in your house," he said, "but someone who has a reasonable amount of skill and a certain amount of knowledge about what happens inside the house can still find...
...checking "certain transactions, which purported to be done with institutions in the Far East," called the institutions. "Of course, those transactions proved to be fictitious," Crowley says. When Rusnak failed to show up for work on Monday, some officials went to his house: he wasn't there. Keating phoned Buckley in Dublin later that day. By the time the fbi was called in on Tuesday, Keating and Buckley knew they had a world-class scandal on their hands. "This is a heavy blow," Buckley said. "It has damaged our credibility. I would be a liar if I said it hadn...
...stereotype of a brash young Master of the Universe. His career had been steady rather than spectacular. After a long stint at Chemical Bank (now part of JP Morgan Chase), he joined Allfirst in 1993 and scarcely made a ripple. He was "not in any sense a star trader," Buckley said. His personal life was equally unremarkable. Married with two kids and a Labrador, he attended services at the Shrine of the Sacred Heart Catholic Church and is on the board of a nonprofit ceramic-arts education organization...
...still not clear whether Rusnak gained personally from his dealings. In any case, he would not be the first trader to hide losses for long in the hope of making good eventually. Buckley said there was "no doubt Rusnak was involved in fraudulent activity," but conceded that "whether or not he benefited from that is still the question." An official in the U.S. Attorney's office told the Baltimore Sun that "it doesn't appear to be an embezzlement case...