Word: formerly
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Dates: during 2000-2009
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Steven Begleiter isn't the only Wall Streeter to have hit pay dirt at the poker tables in Las Vegas. But he might become the first to claim the game's biggest prize - and in an odd way he owes it all to his former employer, the collapsed investment house Bear Stearns...
...years ago Bob Slezak, the former chief financial officer of brokerage TD Ameritrade, finished 15th in the Main Event and a year earlier hedge-fund operator David Einhorn placed 18th. Bill Chen, an arbitrage expert at options-trading firm Susquehanna International Group, has won a couple of big-money tournaments and has been cited in at least one book for his "Chen formula" for winning at Texas Hold 'Em. Don't ask; Google it. (Read "What's Still Wrong with Wall Street...
Just one week ago, Charles Pugh was poised to become not only Detroit's first openly gay elected official, but its city council president when voters here go to the polls Tuesday. But the flashy former television reporter has an unpleasant new distinction: Pugh recently acknowledged that his three-story home near downtown Detroit has been foreclosed, raising serious questions about his business acumen at a time when this city is on the brink of financial collapse...
...Former majority leader Trent Lott, a Mississippi Republican, expresses sympathy with Reid's predicament. "I know for a fact that the toughest job in this city is majority leader," says Lott, who knows firsthand the threat of ambitious underlings. After he made indelicate remarks praising Strom Thurmond's segregationist bid for the White House, they were quick to force him out as majority leader. "There's always pressure on you from within your own party and across the aisle. So he's juggling a lot of balls, he's got a very tough job, and it doesn't help...
...many Sri Lankans, Lieut. General Sarath Fonseka is a bit of a hero. Now the equivalent of the U.S. military's Chairman of the Joint Chiefs of Staff, Fonseka was the former army commander who helped strategize and lead the campaign that put a decisive end to the quarter-century-long separatist war of the Tamil Tigers. The intensity of the onslaught raised criticism around the world, including a 68-page State Department report to the U.S. Congress that took to task the conduct of both government forces and the Tigers. Now, what appears to be an attempt...