Word: bankrupting
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Dates: during 2000-2009
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...that agrees with the populist feeling that this is something that Wall Street created with their exotic financial instruments, and if it was a businessman here in Willoughby who tried to do something cute and it blew up in his or her face, they would be stuck with a bankrupt company. On the other hand, we have companies here, Steris, Lincoln Electric, Lubrizol - just the three of them employ 2,400 people. When will this mess trickle down and affect those companies, and start affecting moms and dads whose kids are trying to go to college...
...news," says Song Seng Wun, regional economist at CIMB-GK Research in Singapore, who like other market-watchers believes some sort of bailout plan will get through. Unlike U.S. taxpayers, market actors in Asia aren't overly concerned about details like limiting golden parachutes extended to disgraced CEOs of bankrupt financial companies, or whether the U.S. government gets enough equity for their investment. "They just want something to be passed," notes Kowalcyzk...
...those historians should not forget that roots of the failure predate the vote on Monday, and even the mistakes of Wall Street. Years ago, the trust between the people and their politicians was broken. Credibility was lost. The reserve of goodwill went bankrupt. And when they needed it most, our nation's leaders found that they had squandered their ability to exert influence over the people who chose them to lead...
...propose to all the companies flailing in this soon-to-be bankrupt economy a "take-away test" to figure out which of your employees you really need. Simply give each worker a nice long vacation - paid, of course (it will be a cost-saver in the long run). Then sit back and see what happens. If your business output suffers and important things go undone, get that employee back. Your company clearly needs him or her. If, on the other hand, you find no discernable fall-off in business, you know what to do: Give him a raise...
...adjudicate these matters - to tell the patient that he or she is cured and has to go back to work - when companies want their employees back. But the sad truth is that within our medico-legal system, any doc would be a fool, and a soon-to-be bankrupt fool, if he thinks he can force a patient to return to work against his will...