"Every institution has the right to lose all their money if they want to, " said Vikram Pandit, the chief executive of Citigroup, at a presentation to the British Bankers Association Tuesday in a clear reference to Bear Stearns.
The Historical Association told the BBC the reference to King John was not in its lesson plan but in an article it had published, in which the point was to show pupils that film depictions of historical figures "may not be a true representation of the past".
" Time Warner Cable fired back on Wednesday with ads featuring a giant flattened basketball and made reference to a National Basketball Association labor dispute that scuttled the first months of the pro basketball season: "First they lock out the Knicks, now MSG wants to block out the fans.