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...didn't." He has warned that next week's fourth-quarter earnings will be profitable but disappointing, and he expects to set aside $3.3 billion in write-downs. So days after the Countrywide deal, Lewis announced a restructuring of BofA's struggling investment-banking business, including a round of 650 layoffs. Unlike Citi and Merrill Lynch, BofA has never made the grade as a big hitter in investment banking...
...shame. The four a.m. Quad booty-call: a freshman mistake. 3:48 AM—The other passenger on the shuttle disembarks at the Quad and I see the driver’s stare in the rearview mirror as I cozy up and prepare for the return. Nonstop round-trips must not be common. 4:09 AM—My jaunt on the shuttle comes to an end as we pull into Lamont. I thank the driver, take my last few breaths of fresh air, plug my nose, cover up any exposed wounds, and enter Lamont’s filthy...
...possible possession or use of performance-enhancing drugs. Baseball commissioner Bud Selig and union chief Donald Fehr will join Mitchell at the hearing, in which Congress will pressure the executives to implement the report's recommendations, which include a truly independent drug testing program and more frequent year-round, unannounced tests (Selig has already acted on a few of them; for example, last week he set up a department of investigations to probe allegations of illegal drug...
...February 13, three players named in the report - former New York Yankee teammates Roger Clemens, Andy Pettitte, and Chuck Knoblauch - plus two key sources for Mitchell, ex-New York Mets clubhouse employee Kirk Radomski and personal trainer Brian McNamee, are scheduled to testify before the House committee. This round of testimony was originally scheduled for Jan. 16, but the committee pushed it back to give Congress more time to prepare by, among other things, deposing the players under oath (feverish negotiations are already under way between the players' attorneys and Washington to figure out exactly how that will...
...than any other. It was a very deep and spiritual relationship." Khan would often visit Diana and her boys at Kensington Palace, Burrell added, because the Princess was "adamant" that William and Harry get to know and grow to like Khan. Dodi, on the other hand, had only come round to the house once, and only for five minutes...