Word: priore
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Dates: during 2000-2009
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...already been working for about nine hours, having checked the markets, read the newspapers, met with senior White House staff, finished his daily briefing to President Obama, visited both houses of Congress to discuss the stimulus plan and pulled aside a few Senators to lobby them personally. In days prior, he helped lead meetings on the banking crisis, the next federal budget, health-care reform, changes to Medicare and Social Security and a pending reregulation of the financial markets. The litany of crises would give an army of economists the shakes, but it doesn't seem to faze...
...spending, arguing in his most recent book, “Your Money or Your Life: Strong Medicine for America’s Health Care System,” that such spending has been worthwhile despite its high costs. He had planned to be on sabbatical for the spring semester prior to his appointment, and said he plans to return to Harvard after his time in Washington. “Sometimes you believe in something and the time is right,” Cutler said of his decision to move south. —Staff writer Elyssa A. L. Spitzer...
...KEVIN P. PRIOR...
...complaint says, only approximately $746,000 remained in all Agape accounts and most of Agape's money was used to pay prior investors, pay more than $55 million to brokers who recruited investors, and fund seven commodities-futures-trading accounts controlled by Cosmo. Those accounts, the complaint says, lost more than $80 million between October 2003 and October 2008. (See the Top 10 financial collapses...
...worth asking again, Where were BofA's risk and compliance troops? Wouldn't you want to be all over these people, especially in Q4? Or maybe they all took John Thain at his word when, in October, he said, "We continue to reduce exposures and deleverage the balance sheet prior to closing the Bank of America deal." Those words were surely reassuring, but isn't the whole idea of financial risk management that you don't take anyone at his or her word? (See the top 10 financial collapses...