Word: blame
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...America executives told shareholders that no bonuses would be paid to Merrill executives prior to the acquisition. In fact, Bank of America had agreed more than a month earlier to approve the payment of more than $5 billion in year-end bonuses to Merrill employees. (See 25 people to blame for the financial crisis...
...Udaipur lakes, hosted by Mewar at his Fateh Prakash Hotel beside Lake Pichola. Masahisa Nakamura, director of the Center for Sustainability and Environment at Japan's Shiga University and chairman of the International Lake Environment Committee Foundation's scientific committee, identified several human factors that are to blame for the lakes' sorry state: deforestation, construction of new hotels and private homes too close to the lakes, sewage and waste dumping, and poor governance, bribes and corruption. Nakamura was particularly critical of regional marble-cutting industries that dump white sludge, a waste powder made of calcium carbonate and other impurities from...
After last year's war between Russia and Georgia, which left at least 250 people dead and parts of Georgia in ruin, each country was eager to point the finger of blame at the other for starting the conflict. On Wednesday, an independent investigating team issued a highly anticipated report saying that neither country can escape fault...
...Russia received its fair share of blame. The attack by Georgia was "the culminating point of a long period of increasing tensions, provocations and incidents," the report says. In the run-up to the war, Russia issued passports to South Ossetian citizens, which the investigators say "runs against the principles of good neighborliness and constitutes an open challenge to Georgian sovereignty and an interference in the internal affairs of Georgia." More ominously, the report notes that there seemed to be an "influx of volunteers or mercenaries" from Russia to South Ossetia in early August 2008. (See pictures of the Russians...
...Moscow, the report was welcomed as a basis for both sides to start anew. Ulrike Lunacek, an Austrian member of the European Parliament who sits on a committee focused on Georgian affairs, says it is important to look beyond mere finger-pointing. "It is not helpful to start a blame game - both sides played their role and share the blame. And both sides need to do something to resolve the issue," she says...