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They acted prudently".
Police Commissioner Raymond W. Kelly said the ruling showed that the officers "acted prudently".
If the gamble fails, the borrower is no worse off than if he had acted prudently.
He claimed that he had acted prudently by urging the guerrillas to withdraw.
"Had he acted prudently, he'd still be rich," Mr. Resnick said.
Officials at all three agencies defended themselves yesterday, saying they had acted prudently.
So potential borrowers such as India and Mexico, which should have voted for Okonjo-Iweala, acted prudently and voted for Kim instead.
But he added that the trustees had acted prudently in seeking a judicial clarification of their rights.
But Mr. Killinger and other WaMu officers denied any wrongdoing, insisting that they acted prudently but fell victim to the turbulent markets of 2008.
Although Citigroup officials maintain that they acted prudently, investors harshly criticized the bank's chief executive, Vikram S. Pandit, for bungling the acquisition.
But it is already clear that he has not acted prudently or ethically and has, in fact, damaged the Bank of Italy badly.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com