Knowing Michael's penchant for speaking his mind, it was a wonder he still had a job, in this changed environment.

Mr. Phelps said that despite the industry's growth, the market had not taken into account the changed environment.

And the school still takes pride in its history, despite the changed environment.

Rain falls harder and we begin to take closer, longer looks at individuals adapting to their changed environment.

"The changed environment," he explained, "has forced us to look at the quality of loans much more closely."

Before his eyes could focus, his body tensed at the changed environment.

"Then finding innovative ways to go forward in a changed environment."

He had always done the same; he would continue to do the same, despite a changed environment.

And when that occurs, we have the infrastructure to take advantage of the changed environment.

Now, his constancy in a changed environment has been rewarded.