Maintaining a 2% reserve in the MMI Fund is a prudent, make-sense business practice and although previous fund management practices may not have been able to deliver this reserve in the past, it is a welcome post-mortgage meltdown priority.

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But on this afternoon, HBO's since-promoted Richard Plepler and Michael Lombardo took the stage to deliver a different kind of message or, more specifically, salutation: Welcome to HBO's next chapter.

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Mr McNerney described the FAA's approval as "a critical and welcome milestone toward getting the fleet flying again and continuing to deliver on the promise of the 787".

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