Word: mikes
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Steve Eisman knew that calamity would eventually come. The hedge-fund manager bet big against the subprime-mortgage market and won. So did Mike Burry, a social recluse who began investing at night during his medical residency. Jamie Mai and Charlie Ledley, two 30-somethings who started trading in a Berkeley garage, "assumed that there was some grownup in charge of the financial system." There wasn't. In The Big Short, Michael Lewis, who chronicled an earlier era of Wall Street excess in 1989's Liar's Poker, tells the story of investors who asked questions that no one else...
...Obama Administration's three-act drama to keep the President's campaign pledge to lift the ban. The first act came last month when Admiral Mike Mullen, Chairman of the Joint Chiefs, told Congress he had no problem with gays in uniform. With Mullen's backing, Gates on Thursday took the next step by relaxing enforcement of the ban. The final act - getting Congress to repeal the law - is months, if not years, away...
...humiliating moment for Mike, who was called “the loneliest man in college football” by ESPN’s Chris Berman. Ironically, the error occurred when he had just started to get an increase in playing time. Despite the fact that Mike was a key contributor on the team that went on to win 12 consecutive games and the national championship, it was that one moment which people always remembered...
...taught Mike about the unpredictability of sports, how any athlete can be defined by one moment instead of an entire career, no matter how unfair that...
...Paterno always said ‘you’re never as good as you think you are when you win, and you’re never as bad as you think you are when you lose.’” Mike says...