Word: learnedness
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So it wasn't entirely surprising to discover, after his death at age 70 in 1982, that for much of his life Cheever was miserable, a petulant, belittling husband; a difficult father; and a severe alcoholic tormented by his secret bisexuality. We learned a lot about this from his journals...
Moreover, Kleinhendler believes Chase abruptly pulled its $250 million in August, when, he says, "it learned from Bear Stearns executives that Madoff's investments were phony." JPMorgan Chase acquired Bear Stearns in March 2008. "Bear Stearns had done deals with Madoff. They were on boards together," Kleinhendler says, and therefore...
Last year AIG admitted that the company's Financial Products division entered into credit default swap agreements with banks that bought and securitized loans. CDS are a financial instrument that mimics the characteristics of an insurance contract. These instruments were most exposed to risk when the securitization market blew up...
•Born Sept. 21, 1957 in Queensland, Australia, the youngest of four children. Grew up on a dairy farm, where he learned horseback riding and clay target shooting.
Compounding the negative reactions were reports that many relevant officials within Spain's administration were unaware that the announcement was near. According to the newspaper El País, Foreign Minister Miguel Angel Moratinos was not included in the decision, and Spanish Ambassador to the U.S. Jorge Dezcallar first learned...