Word: avoids
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Dates: during 2000-2009
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...there could be a little Ponzi scheme in every hedge fund. It is inherent to the model of the modern hedge fund. The only way to avoid these schemes is to regularly liquidate all assets and allow all investors to decide what to do with their cash returns. In the past, this would have meant seemingly diminished returns. With returns seemingly high, investors did not complain about the status quo. Now, given that regular liquidation would mean more transparency and diminished losses, in recent days investors' opinions would likely differ...
Anticipating this problem, Vice President-elect Joe Biden announced last month that he will avoid the worst abuses of the political earmarking system. "Every dollar will be closely watched to make sure it's being used in an effective manner," Biden said. "I know it's the Christmas season, but President-elect Obama and I are absolutely, absolutely determined that this economic-recovery package will not become a Christmas tree...
Executive determination, however, is certain to be little match for legislative power. For one thing, the U.S. government lacks any clear bureaucratic process for deciding quickly which projects to fund and which to avoid outside of the political arena. For another, the new President's only route to the U.S. Treasury must pass through the halls of the same appropriators in Congress - both Republican and Democrat - who have overseen the terrific expansion of often wasteful federal spending over the past decade. Whether or not they call it a Christmas tree, in other words, a Christmas tree it will surely...
...also striving to avoid any staff layoffs if we possibly can,” Graham said...
...Despite the methodical approach and careful planning of the Israeli operation, its commanders do not expect their forces to return unscathed. They're particularly concerned to avoid scenarios that can yield important propaganda victories to Hamas, like the capture of any Israeli soldiers or recorded images of a burning Israeli tank or armored personnel carrier...