I have two questions here, and they are both from an article at Economist.com. Here is the link: http://www.economist.com/blogs/schumpeter/2012/10/citi-loses-its-boss
The First Question: What does as mean in the 2nd sentence in the last paragraph but one:
An effort to provide a higher dividend payment to shareholders was rejected by Citi’s regulators as imprudent.
I understand it to be an adverb, but then I can't figure out what the whole sentence means.
The Second Question: What's the structure of the first sentence in paragraph 4, and how should I comprehend it:
Reaction to the appointment has been mixed, and that, in addition to Mr Pandit’s virtues, may have suppressed any bounce.
This is how I understand its structure: the reaction has suppressed any bounce, including Mr Pandit's virtues. And that doesn't make sense to me.
Does that refer to reaction? Does bounce mean rejection of a check, or something else? And what's with Mr Pandit's virtues?