Word: blaming
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...Even Jamie Dimon, CEO of JPMorgan Chase, who has seemed to be more open to new regulations, sought to deflect attention away from lax regulation as the sole cause of the crisis. "I want to be clear that I do not blame the regulators," Dimon testified. "The responsibility for the company's actions rest with the company's management...
...authority could be based on the way the Federal Deposit Insurance Corp. closes down smaller banks, which involves auctioning off troubled institutions to stronger competitors, often with a government guarantee for risky assets. Also questioned by the panel was Morgan Stanley's chairman, John Mack. (See 25 people to blame for the financial crisis...
...evolved? The recession validated some of the arguments. One reason that the economy ran off the rails was because of these high-stakes rewards for short-term payoffs. When that went on for too long, it ended up having collateral consequences on the whole economy. (See 25 people for blame for the financial crisis...
...Britain's inquiry, Campbell said that blame for inadequacies of postwar planning lies partially with the Pentagon, which was "taking a lead on almost every level" and neglecting to look beyond the military campaign until Blair began "rattling cages." Campbell also cast aspersions on some members of Blair's team, describing that cabinet as a "collection of characters of variable competence." But Campbell's fiercest animus was reserved for the British press, whom he holds responsible for stirring up controversy over two dossiers published to strengthen the case for taking action against Saddam. "Evidence" in the second dossier, published...
...although Egypt's compliance in the siege has been widely denounced in much of the Arab world and in Turkey, the Egyptian public remains largely oblivious. That's because the government has successfully persuaded much of its citizenry that the blame for Egyptian-Gazan tension lies with Hamas and Israel, even mobilizing state-funded religious authorities to criticize Hamas and give their blessing to Egyptian security measures on the Gaza border...