Word: neale
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Dates: during 2000-2009
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...have our first big-game catch of the 2007 housing slump and credit crunch. On Oct. 30, Stan O'Neal resigned his post as CEO of Merrill Lynch after reporting that his firm would suffer a $7.9 billion hit to the value of its assets because of bad bets on mortgage-related securities. O'Neal personally took blame for Merrill's forceful push into complex instruments designed to distribute the risk of a surging subprime-mortgage market--the ones now imploding as home prices flatline and defaults spike...
...easy to snort at the fate of a very rich man being handed a $161.5 million parting gift, or to find satisfaction in his dramatic comeuppance. O'Neal's tendency to play golf by himself has been held up time and again as a sign of a disconnected and friendless manager who would eventually have been undone anyway...
...Neal Brunner MOUNT HOREB...
...University of Texas, is making life miserable for the Portland Trail Blazers, who hold the first overall pick in tonight's NBA draft. Hoops history tells the Blazers to take the big man, Ohio State seven-footer Greg Oden, since dominant post-players like Bill Russell, Shaquille O'Neal and Tim Duncan collect the championship rings. But Durant, a 6-ft. 10-in. scoring machine who became the first freshman to ever win college player-of-the-year honors, has looked more impressive in pre-draft workouts. Durant sat down with TIME's Sean Gregory to discuss the draft...
...partisan offensive in the Kozara Mountains to the north. Reprisal killings against civilians were part of the Germans' brutal efforts to quell armed dissent in the region. The report didn't prove any direct personal responsibility of Waldheim, who was serving as a quartermaster's deputy, but its author, Neal Sher, argued that "one doesn't have to pull the trigger to be implemented in crimes." Waldheim was having none of that: "unfounded allegations and accusations, with no proof given," he told...