Word: backlashers
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...lending caution reflects a backlash against the era of financial fraud and excess. After the collapse of hundreds of savings and loans, the Government last year barred S&Ls from lending amounts representing more than 15% of their capital to any one customer. The previous limit was 100%, which allowed some S&Ls to sink themselves by committing a dangerously large amount to a single venture. Moreover, federal examiners began using strict new requirements to judge the quality of lending by commercial banks. "When regulators are being tough, bankers too have to be very cautious in terms of the credit...
What went wrong? Confidence. The sales revealed a buyers' backlash against controversial practices by the auctioneers, notably that of giving guarantees to owners in order to acquire works to sell. This technique -- which Sotheby's invented and Christie's denounced with high sanctimony in 1989, before quietly adopting it themselves in 1990 -- has produced a string of "pre-auction auctions" among the houses competing for merchandise. It means that the winning house, in order to fulfill its guarantee, has to pump its estimate higher and higher to hype expectation...
...have spawned their first backlash movement against the merger mania of the '80s. Advocates of tough new antitakeover laws that are sprouting from Massachusetts to South Dakota claim that the legislation will prevent outsiders from looting local firms and throwing residents out of work. Critics are concerned that the rules will entrench inefficient corporate managers and drive investors elsewhere...
...simple, however, to reduce this result into these terms. The choice of Pierce is a combination of many factors: his experience as elected legislator (a position Weld has never held), his House leadership and, perhaps, a backlash against Weld's more liberal views and blue-blood ancestry. While Pierce's anti-abortion stance did play a role in his winning the nomination, it was not the major one that both anti-abortion and pro-choice activists would like to believe...
...mean to dismiss the sincerity of the traditional notion of women as the more sympathetic and compassionate gender. Nevertheless, I am aware of what traditionally happens to women when they defy this stereotype. Revisionist historians look to the Salem witch trials as a backlash against women who might have been seen as overly demanding, cold or just plain aggressive. Seventeenth century judges used a "w" instead of a "b," and the flogging commenced...