The following excerpt is from Biro v. U.S., 24 F.3d 244 (9th Cir. 1994):
Defense counsel declined to address the managerial role objection when invited to do so by the district court. Defense counsel's failure to object to the two-point adjustment at the sentencing hearing waives any further challenge on appeal. United States v. Visman, 919 F.2d 1390, 1393-94 (9th Cir.1990), cert. denied, 112 S.Ct. 442 (1991).
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