Word: nicked
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...huge scale and complexity of Kerviel's fraud has strong echoes of Nick Leeson, a young rogue British trader in Singapore. Leeson bankrupted the 230-year-old Barings Bank in 1995, after losing $1.38 billion in fictitious trades on Asian futures markets, single-handedly wiping out Barings' cash reserves. Leeson was jailed for more than three years in Singapore, and the scandal became almost synonymous with the power of a lone employee to unravel a large company. At the time, officials at various banks said they were tightening internal security measures in order to avert a similar disaster...
...brats. "I want Alaskan salmon, truffles from Europe, a bottle of Beaujolais, a damn pineapple." I want, I want, I want. Considering that two-thirds of our nation's adults are overweight, perhaps a few more carrots and fewer imported bottles of wine are just what the country needs. Nick Jensen, Campbell, California...
...bottle of Beaujolais, a damn pineapple." I want, I want, I want. Considering that two-thirds of our nation's adults are overweight and our children are facing a shorter life expectancy, perhaps a few more carrots and fewer imported bottles of wine are just what the country needs. Nick Jensen, CAMPBELL, CALIF...
...reasonably long shot, but it is not a fool's errand" for Clinton to continue her campaign past New Hampshire. In a sign of the passing of remote-controlled, big media campaigns, their best hope lay with a ground operation run by a 34-year-old named Nick Clemons, a veteran of former Governor Jeanne Shaheen's operation. "The heart of our ground game was face-to-face contact," he said Wednesday morning, describing a strategy perfected by the Bush-Cheney reelection campaign in 2004. "I know that sounds like old ward-style politics, but it really works...
...Iowa caucuses, with their huge boost for Obama, had an effect, Clemons acknowledges. "We were losing people at the end," he says. "But we were also picking up a lot of people." Those who were coming back to be with Clinton at the end were mostly women. But then, Nick Clemons had that figured out all along...