Word: bankrupter
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...since her departure a decade ago, the best stories in this volume, written in her flawlessly pure and limpid prose, fully capture China's wrenching social changes. In "Extra," Granny Lin finds she has been "honorably retired" from her state-owned garment factory?which means the plant has gone bankrupt and Lin won't be getting her pension. She's lucky enough to find a new job as a maid at one of the posh new private schools sprouting outside Beijing, but it's not long before Lin discovers she has no real place in this new world. In another...
...quaint visions of a "clash of civilizations" or of a noble Europe bearing the burden of free speech against rapacious Muslims who just don’t get it. I also vigorously object to Ms. Ingram’s casual use of the phrase "national integration," a morally bankrupt and discredited concept that has been used by European extremists over the past century to advance agendas of unprecedented violence. She completely fails to recognize that, today, radicalism and extremism are global and human problems, not Muslim ones...
...returns in investments is that companies like PetroChina, Sinopec, Unocal that either indirectly facilitate or are directly complicit in grave human rights abuses remain in Harvard’s portfolio. Fortunately, last year the University agreed that Harvard must ensure that its money is not used to facilitate morally bankrupt activity. Citing President Derek C. Bok’s precedent that divestment is reasonable in “exceptional circumstances,” the Corporation decided to divest from PetroChina...
...each day, the demands of spring semester bear more heavily on schedules, and the likelihood of revisiting one’s performance on a fall final or paper decreases. In many classes, finals and papers are never returned to students unless those students seek them out. This pedagogically bankrupt practice should end, but in the meantime, learning about grades earlier will encourage the most eager or most surprised students to pursue explanations of their course performance and learn from their experiences. Often, end-of-term feedback can be the most rewarding feedback for students, and too often, students are deprived...
...when the financial crisis hit Asia, Sondhi came down to earth. His media group crumpled, and by 2000 he was declared bankrupt. The following year, however, Sondhi's fortunes revived. His group was still in the hands of creditors, but he started new companies that won contracts to produce prime-time shows on state-owned television. State-owned lender Krung Thai Bank backed him, and Sondhi eulogized Thaksin's leadership and economic prowess-something that he now says was an error...