Word: chasings
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...called the first smart short person I could think of, a friend named Milton Lee. Despite what these studies indicate, smart short people do exist. Milt, a graduate of the University of Pennsylvania, made a killing as a Wall Street trader in the 1990s, but quit finance to chase his dream of becoming a basketball coach. He has trained many NBA players, including this year's top draft pick, Oklahoma's Blake Griffin, and even landed an assistant coaching gig for the Los Angeles Clippers' summer-league team...
...teams at Goldman Sachs and JPMorgan Chase avoided giant missteps in the lead-up to last fall's panic and are now wresting market share from wounded competitors and raking in billions. They've already paid back the bailout funds they got in October, which means they're exempt from compensation limits and can disburse their gains to employees in the form of titanic end-of-year bonuses. That's how capitalism is supposed to work, right? (Read "Hooray for Boring Banks...
...subject was an indication that the issue is complicated. Goldman's profits are so high because so many of its competitors are wounded or defunct. Though the firm is in this advantageous position because it did a better job of steering through the crisis than did most rivals (JPMorgan Chase is Wall Street's other beacon of health), it probably wouldn't have survived the worst of the panic last fall if there hadn't been a massive government bailout--engineered by a Treasury Secretary who used to be Goldman's chief executive...
...premised on the idea that Washington is better at making financial decisions for all Americans than leaving that choice up to individual Americans," said Spencer Bachus, the ranking Republican on the House Financial Services Committee - whose top five 2008 campaign donors were UBS, Citigroup, Credit Suisse, JPMorgan Chase and Bank of America, according to the Center for Responsive Politics...
...city's most notorious neighborhoods, slowing down to check on groups hanging out on stoops and flashing lights to make sure there was no funny business. The glares from Newarkers said it all: Get out of here. Of course, these same detractors didn't see the gang unit chase down and tackle an armed 16-year-old kid later that night. Or the street-crime unit pull out 31 vials of cocaine from under the passenger seat of a car. (See pictures of cocaine country...