Word: skills
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Well, yeah, except that Goldman and JPMorgan played right along with many of the Wall Street practices that led to the crisis. They fought regulation - of derivatives, for instance - that might have prevented it. And their big profits can be traced not only to skill but also to the government's decision last fall to bail out the financial sector just as the troubles that toppled Lehman Brothers and WaMu and forced Bear Stearns, Merrill Lynch and Wachovia into shotgun marriages began to endanger Goldman and (to a lesser extent) JPMorgan. "No one should be confused about the extent...
...Afghanistan. Yet Rajapaksa's popularity remains undiminished. In his victory speech to the nation on June 3, he spoke a few lines in Tamil as a gesture of reconciliation, but most of the oration was spent in praise of "our armed forces who astonished the world by their skill in war." He linked their effort to the nation's heroic past defending itself against invaders. "The lessons we learnt from those great battles of the past are ingrained in our flesh, blood and bones...
...ANGELES, Calif. – I grew up in Los Angeles, and I can't drive. I never thought that not having this semi-basic skill would be a very big deal, but it is becoming increasingly embarrassing. It's not that I'm averse to cars. I just never got around to enlisting in driving school after I left home for college, and before then, it was simply out of the question...
...high-IQ ranting in plays by John Osborne and TV dramas by Dennis Potter. Put all these witty, rancid voices together and you hear the wail of a depleted nation that has lost nearly every imperial perquisite but the power to call other people idiots, and the skill to carry it off with salacious style...
...season has progressed, the weekend contests have grown no less popular, boasting large crowds at Beren Tennis Center and Weld Boathouse last weekend for the tennis tournament and river run, respectively. The tennis matches featured over 50 players of various skill levels, sorted into four singles brackets (two men’s and two women’s) and a doubles draw. While the most talented players may have competed in singles, the highlight of the weekend played out in an epic doubles draw, where a certain strikingly handsome and talented Crimson sports editor and one of his proctees claimed...