Word: walles
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...wife of a guy who went to high school with Spoor's fiancé - a woman Spoor barely knew - was the first to post a congratulatory message on Spoor's Facebook wall. Spoor realized her mistake and deleted the message, but by then it was too late; her future in-laws had seen the message, and the status update, and called to ask what was going on. How do you explain to your family that you told the Internet you just got engaged before you told them? "It caused a huge fight," she says...
Gordon arrived on Wall Street in time for the 1929 stock market crash. After leaving his first job at Goldman Sachs, Gordon purchased the stock brokerage firm Kidder, Peabody & Co in 1931 and led the firm through the Great Depression...
...should never have seen before the pre-announced release date. The information caused movement in the stocks of a number of the banks. Disclosure regulations probably prohibit sharing what the government knew about the firms. In the fury of activity to prepare the findings and present them so that Wall St would not panic, the process of safe guarding the data was neglected. If several of the banks were found to be insolvent, the issue of the public discovering the findings in the press was probably not a priority. Government officials should have assumed that the confidentiality of the data...
...With his dramatic plans to restructure Wall Street and Detroit, overhaul health care and create a clean-energy economy, Obama is certainly taking political risks, even if he hasn't gotten around to replacing the almighty dollar with some new, one-world currency the black-helicopter crowd keeps warning about. But it's not clear that the Republicans in their current incarnation would be a credible alternative if he falters. "We've got to be at least plausible, and I worry about that," says GOP lobbyist Ed Rogers. Republicans never really left the idea business, but Americans haven't been...
...should erase the shabby standards of financial oversight that have weakened us all in the age of Bernie Madoff. Corporate bailouts need to end - but Republicans must be determined to never again adopt a laissez-faire approach to Wall Street. After Black Monday, the Asian crisis, Long-Term Capital Management's meltdown, the Internet bust, the Enron scandal, WorldCom's collapse and the subprime crisis, there is nothing conservative about turning a blind eye to reckless speculation and greed...