Word: went
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...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 and compliance troops? Wouldn't you want...
Then there's Vail. Having known about the big upcoming losses, Thain nevertheless went ahead with a previously planned vacation to the Colorado ski resort, where he has a place. You really can't blame the guy - conditions were awesome! Vail and the rest of Colorado got absolutely hammered with snow in December. And if you've ever been in the back bowls at Vail in a foot of fresh powder, you can understand Thain's thinking: Let's see, I can ski in perfect conditions in one of the most beautiful places in America or I can stay...
...went with the kind of lineup that got us into overtime,” Amaker said. “We go with the lineups that are clicking for us and matching up well...
...game was largely controlled by the Big Green after it went on a dominating 20-5 run in the first half. The run erased Harvard’s seven-point lead, its largest, which came five minutes into the game. Dartmouth was able to score, seemingly at will, with short jumpers and aggressive drives to the basket. The Crimson was left playing catch-up the rest of the way and finally fell short in overtime...
...challenge some Bush regulations in court, and the White House could at least maneuver to suspend - if not yet revoke - the rules while it seeks to overturn them. The Administration could also seek to withhold funding from certain regulations. Last, as part of the Congressional Review Act, which went into force in 1996, the White House can ask Congress to vote down any rule finalized after a certain date, which would include all the midnight regulations. But that law has been used successfully only once since it was enacted, and exercising it would take valuable energy away from Obama...