Word: pointing
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...wake of the financial crisis, prosecutors again hoped e-mail would point to wrongdoers. In mid-2008, the Securities and Exchange Commission released e-mails that seemed to show that analysts at credit-rating agencies understood that the mortgage bonds they were rating AAA were actually much riskier than that. An analyst wrote to a colleague, "Let's hope we're all wealthy and retired by the time this house of cards falters." However, no criminal charges have been brought against rating-agency officials. (See 25 people to blame for the financial crisis...
...been playing professionally for six years. At what point in your career did you start thinking you could win the Main Event? I had dreamed about it - I think every poker player does. But I always knew winning the Main Event was a big long shot. I mean, coming out on top of a field of 6,500 players is pretty rare. This summer [when the first eight days of the Main Event were played], once it got down to about 180 people, I started thinking that I might actually be able to do it. Then, when I made...
...table? I'm pretty critical of how I play, and I'm not afraid to admit when I think I've played badly. When it got down to two of us, I had $135 million in chips, but I think Darvin definitely outplayed me at first. There was a point where he had me down to $40 million in chips. Thankfully, I came back. I knew if I just made good decisions, I could turn things around...
What it will have to do is better manage the energy it has. There was no need for so much of the populous southern and central Brazil to be taking energy from Itaipu at the same time, Schechtman says. "The whole point of the grid system is to provide balance so that all the weight is not hanging from one line," he says. "If you have lots of lines and one breaks, the others pick up the strain. What I want to hear from the government is why so much pressure was on Itaipu." He is not the only...
...exact cause of Tuesday's outage is not yet known, but officials and news reports point to problems originating at the Itaipu dam, the huge hydroelectric plant on Brazil's border with Paraguay. "The most probable hypothesis is there was some accident that affected one or more points in the transmission system," a statement from Itaipu said. The area suffered unusually fierce storms on Tuesday, which could have played a part...