Word: welching
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Greenberg is not likely to escape tough questions. It was Greenberg, after all, who supervised Joseph Cassano, chief of AIG's Financial Products (FP) unit, whose sales of uncollateralized credit-default swaps brought down the company. Representative Peter Welch, a Vermont Democrat and committee member, blamed Greenberg for "allowing a culture to develop that completely contradicted the insurance-company ethic of limiting risk." Greenberg, Welch said, is trying to redeem his reputation on the grounds that "he was out the door before the roof fell...
...offensive end, senior Kathryn Welch paces Princeton with a .453 average, 29 hits...
...That's just one of the many muddles described in the newly released book Know Your Chances: Understanding Health Statistics, by Drs. Steven Woloshin, Lisa Schwartz and H. Gilbert Welch. If you think you're a smart and skeptical reader of health news and pharmaceutical ads, you may want to read this book first and then think again. (See the top 10 medical breakthroughs of the past year...
...economic war. Job 2 is to win the economic war - and Job 3." He added, "You can't expect people to unite behind you if you're trying to jam a whole bunch of things down their throat." The oracle's verdict was quickly endorsed by Jack Welch and Andrew Grove, retired CEOs of General Electric and Intel, respectively. And from Federal Reserve Chairman Ben Bernanke came this measured nudge: "Until we stabilize the financial system, a sustainable economic recovery will remain out of reach." (See 25 people to blame for the financial crisis...
...match, Harvard led the Golden Gophers through eight bouts. But the Crimson wasted falls by Jantzen and Caputo and a technical fall from Peppelman (13-6) as Minnesota dominated the top two weights to seal a win.MIDLAND CHAMPIONSHIPSCaputo, Jantzen, Peppelman, and Desena traveled to Northwestern’s Ryan-Welch Arena, taking on the nation’s best grapplers.Caputo enjoyed the best result for Harvard and a personal-best fourth place at Midlands, but the small squad struggled to make an overall impact, settling for 21st in the 47-team field.“[The Championships] could have gone...