Word: spotlighting
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...Following the collapse in September of U.S. investment bank Lehman Brothers, RBS's depleted capital reserves - a consequence of that ABN deal - meant "the spotlight fell on us, and the share price dropped 60% in two days," Goodwin said. Added McKillop: "We are sorry we bought ABN Amro." At HBOS, said Hornby, who stepped down as its CEO in 2008 after only two years in the job, "years of reliance on wholesale funding left us in a vulnerable position." No kidding. When the meltdown in those markets occurred, HBOS was history. "The fundamental mistake that HBOS made was," said Stevenson...
...that high-flying oratory can only take us so far. The president is a powerful symbol, but he will not be the one to lift us out of the recession. To do that, we will need talent and shrewd leadership in thousands of places that are far from the spotlight...
...peacock, the next day a feather duster.' PAT QUINN, Illinois governor, on his turn in the spotlight after Illinois legislators voted to oust predecessor Rod Blagojevich...
...interest, all around the world, in the Obama family," he says. In December, Splash distributed photos of the Obamas holidaying in Hawaii, including some long-lens shots of the President-elect shirtless. Morgan says he had no trouble selling them. (Read about Obama trying to avoid the spotlight in Hawaii...
...with the spotlight on, Schapiro is in the prickly position of having to defend her enforcement record. At her hearing, the soft-spoken Schapiro bristled at media reports that she "infrequently" pursued tough action against big Wall Street names, saying the stories painted an "unfair picture." While chief at FINRA, she countered, her team handled 15,000 enforcement cases, including big names like Morgan Stanley, Citigroup, Merrill-Lynch and Lehman. "I have never been afraid to go after people I thought who have violated the public trust...