Word: sided
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...problem was that in doing so, Thain broke another cardinal rule: Don't surprise the boss - especially on the negative side. Lewis was reportedly apoplectic about the size of Merrill's losses in the fourth quarter. But here's a question: What were BofA's risk managers doing? When BofA did its due diligence, it certainly went over Merrill's trading book. If the losses were tied to positions that had already been taken, then shame on BofA. If Merrill's traders made bad bets in the fourth quarter, it's worth asking again, Where were BofA's risk...
...state legislature, Craddick assumed the speakership in 2003, the first Republican since Reconstruction to do so. He went on to play a key role in the infamous Tom DeLay-orchestrated mid-decade redistricting battle, which shifted the balance of power in the congressional delegation to the Republican side. Ruling with an iron fist, he alienated a small group of fellow Republicans, which proved to be his downfall. (See the top 10 Bush Administration figures to miss...
...week and already its 14 volunteers - some are Heritage employees, others work for nonprofits, and still others are just passionate people with extra time on their hands - have finished their first run through of the bill. While readthestimulus.org enters the second, fact-checking phase, some volunteers have taken on side projects of their own. Kristina Rasmussen, director of government affairs at the National Taxpayers Union, has been cross-referencing the federal agencies mentioned in the bill with U.S. Office of Management and Budget's program assessments and has found a number of programs that are receiving money despite poor performance...
...anonymous blog post accused a high-ranking Beijing official responsible for Web censorship of disparaging the country's top leaders - President Hu Jintao and Prime Minister Wen Jiabao - and boasting that he alone decided what citizens could and couldn't read online. (See pictures of China on the wild side...
...believe that neither can attain its objective by denying to the other side its objectives. Israelis are not likely to have sustainable security if the Palestinians don't have a state, and Palestinians will never achieve a state until the people of Israel have some security." - During an interview with the Jerusalem Post...