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...with limited investment banking operations, and with a long-buoyant domestic market to lean on, Santander side-stepped the toxic assets caught up in the collapse of the U.S. sub-prime mortgage market. Enjoying "good growth at home, they were never in the need of chasing growth in these kind of exotic instruments," says Ramirez. Santander's strategy - mirrored at rival Spanish lenders - owes much to the country's regulators. The Bank of Spain, which scrutinizes lenders in the country, has discouraged banks from setting up the kind of off-balance sheet vehicles that tripped up rival international lenders...
...being a United States Senator. What other job allows you to not show up for work for months at a time without getting in trouble? In Obama's case it's been over a year now since he's worked, but he still gets paid to be Senator. What kind of employer cuts workers that much slack? And what kind of administrative mess must we have in the Senate for there to be no discernible loss of function in the absence of its chief administrators...
...Desmond says. “We push ourselves to a higher level.” “The whole sibling rivalry...always adds in a little bit,” Brenton adds. “I mean, we’re competing with everybody, but kind of competing with [Desmond], just being able to talk trash with my brother...gives that extra push.” For both defensive ends, their sibling rivalry runs deep and pushes them to constantly one-up each other. “One thing is, in the weight room...
...draft. Fitzpatrick is still in the NFL with the Cincinnati Bengals, one of several ex-Crimson stars playing professional football. Hatch’s playing time amounts to a pretty significant endorsement of the talent present at the Ivy level.“I think that’s kind of been obvious with how there’ve been guys who went on and had success in the NFL,” Hatch says of the quality of Ivy football. “There’re awesome football players out there at Harvard. I think it?...
...feeling] kind of mixed,” said Michael “Betsy’s Boy” Cobb, last year’s champion...