Word: understandingly
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...what it was all worth. The models proved spectacularly wrong because they precluded the possibility of an outsize event. Once big shocks, like declining home prices, started hitting, the models broke down. According to a report by a group of U.S. and international regulators, while some firms tried to understand what would happen to their models in truly adverse conditions, plenty of others didn't. In some cases, finance outfits barely examined their products, instead relying on the evaluations of outside ratings agencies, even as they accumulated more and more of those assets...
...equity products that were being traded at the firm. So he decided to quit the business--a move that kept his bank in the black while others suffered. "I'm an old-school banker," he later said. "I don't think you should do something you don't understand, hoping there's somebody at the bottom of the organization who does...
...hope this letter finds you well. We wanted to take this time to thank all the wonderful people who helped us last week. It was a very bittersweet week, but now we understand why Peter referred to Harvard and Adams House as his home, because we too felt at home here with everyone...
...also would like to thank the entire Harvard faculty, staff and friends in the community for all that you have done for us. Thank you so much for providing Peter with help, supportive, kindness, friendship, and love. We are so happy to know this community, and we do understand why Peter called Harvard his home. Thank you for everything...
Often, the accused in copyright infringement cases do not understand the charges against them and cannot afford an attorney, so they pay the amount the RIAA demands without ever reaching court, Nesson said...