Word: bankrupting
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Dates: during 2000-2009
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...Mayor" get from helping rescue WorldCom? For a man with possible presidential aspirations, the move has advantages. It would allow him to stay in the spotlight and, if he helps turn the company around, be a hero again. Yet Giuliani may learn that messing with the debt of bankrupt companies is not necessarily a career-enhancing move. The distressed-debt market is a playground for vulture investors, a place to parlay others' misfortunes into personal wealth. How would that resonate with voters? --By Daniel Kadlec
...we’re to believe the Democratic rag, every Republican must be in cahoots with big business and trying to bankrupt the common man. If we choose to believe Republicans, every Democrat is standing in the way of national security, taking away from the president’s ability to lead our nation in a time of crisis. Each claim is equally bogus, but worse than the inaccuracy is what such a one-tune rhetoric has resulted in: a slate of cookie-cutter candidates who are not individuals but mere members of their political parties...
...with Art Linkletter touting Gekas' support for a prescription-drug benefit plan. (Holden supports a more comprehensive, Medicare-run plan.) The AFL-CIO has spent about $400,000 attacking, among other things, Gekas' support for NAFTA. Democrats, having some fun with Gekas' 1998 sponsorship of a measure allowing bankrupt property owners in five states, including Texas, to shield the full value of their homes from creditors, produced a flyer that features a shot of former Enron ceoKen Lay, who owns a multimillion-dollar Houston penthouse...
...rapacious local businessmen out to gain by hook or by crook contribute to what global investors call "political risk." It's something Indonesia has in spades. In June, in an apparent power struggle with its former Indonesian partner, a local unit of Canadian insurer Manulife Financial Corp. was declared bankrupt by a domestic court despite the fact that the operation was solvent and profitable. The inexplicable decision, made because Manulife didn't pay a dividend to shareholders in 1999, was later overturned, but not before the case received international publicity. Partly due to the experiences of companies like Manulife...
...with Art Linkletter touting Gekas' support for a prescription-drug benefit plan. (Holden supports a more comprehensive, Medicare-run plan.) The AFL-CIO has spent about $400,000 attacking, among other things, Gekas' support for nafta. Democrats, having some fun with Gekas' 1998 sponsorship of a measure allowing bankrupt property owners in five states, including Texas, to shield the full value of their homes from creditors, produced a flyer that features a shot of former Enron ceoKen Lay, who owns a multimillion-dollar Houston penthouse...