Lehman Brothers appears to have got the timing right, by raising its allocation of dollar-denominated bonds in the fourth quarter.
"I believe Cliff would have been reasonable," Beinfest said, "but when I looked at what that meant in allocation of dollars and how that would affect us going forward, it would have made it difficult for us".
"We believe the market has offered opportunity in one day's time, and we believe the allocation of dollars away from the sector has allowed for compelling long-term opportunities," he said.
But some tax experts criticize the higher burden of proof as unfair and a wasteful allocation of enforcement dollars.
Even before the official White House announcement, rumors about the choice drew criticism on Thursday from Republicans already anxious about the 2010 census, a multibillion-dollar enterprise that will determine which states gains seats in Congress and which ones lose them, as well as the allocation of federal dollars to states and cities based on population.
Advertising agencies must experiment creatively, become brokers of consumer insights, and guide allocation of advertising dollars amid exploding choices.
And next month officials are expected to release an agency-wide strategic plan that they say will address how disease burden should influence the allocation of research dollars.
"Next month officials are expected to release an agency-wide strategic plan that they say will address how disease burden should influence the allocation of research dollars," Kaiser wrote.
Housing and Urban Development Secretary Ben Carson blamed his wife for the purchase of a $31,000 dining room set, which raises questions about the role his wife is playing making decisions about the allocation of taxpayer dollars.
In January 2016, the federal Department of Housing and Urban Development (HUD) funded The Isle de Jean Charles Resettlement Project, the first allocation of federal dollars to move 400 tribe members struggling with the impacts of climate change to inland locations.
In Washington, a portion of the state's collected marijuana taxes and fees also goes to schools, via the state's general fund, but some of the most novel allocation of those dollars is toward research into the short- and long-term effects of the state's reformed marijuana policy, with multiple state agencies participating in that research.
