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The 452-page report by the FSA into what went wrong at RBS found that the bank conducted inadequate due diligence into ABN, on the basis of just two lever arch files and a CD.
The FSA report notes just how little information was available to the two banks at the time of their bid: On 29 April ABN AMRO provided two lever arch folders and one CD ROM of information to the consortium and stated that this was the same information that had been provided to Barclays …
The experiments were conducted in a two lever operant chamber in which a cue lamp was mounted over each lever.
Rats were trained in a two lever food reinforced operant procedure to discriminate a 8000 Hz pure tone stimulus from its absence.
The observation of interest is one of the two lever states.
The apparatus consisted of eight sound-insulated light-tight outer chambers each containing a two lever conditioning box (Imetronic, Pessac, France), as previously described [ 39].
Similar(51)
In terms of the ABN Amro acquisition, the FSA said RBS proceeded without appropriate heed to the risks involved and with due diligence from the Dutch bank that in April 2007 amounted to "two lever-arch folders and a CD".
By the end of July, Mr Hill-Wood claimed he had returned to the UK with "two lever-arch files" of material that supposedly detailed Mr Young's offshore wealth, but kept cancelling meetings with her and her QC where he was supposed to hand it over.
Instead, creditors rely on two levers.
My father's stomach was wedged between two levers.
Flip two levers, press a button and there is the sky.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com