Word: complexity
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Dates: during 2000-2009
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Computerization spurred a boom in the 1970s and '80s, as did new methods of analyzing consumer data to unearth the most lucrative "revolvers," those who often carry high balances but are unlikely to default. Critics say contracts today, with their ever shifting terms and complex legalese, have helped customers get into more debt than they bargained for. Though Congress shelved earlier proposals for a credit-card holders' bill of rights, a new version was introduced in January, and this time, economic hardship coupled with populist outrage could translate into legislative change...
...further point of contention was HMC’s use of complex “structured finance agreements,” which created and linked so many investment entities that tax reporting became nearly impossible to conduct without attending planning discussions among the managers and HMC lawyers, Rose said...
...said he was simply given data from which to produce returns—his new position’s oversight and personnel access provided him with information that gradually coalesced into broader—and more disturbing—insights into the company’s complex network of operations...
...combination of candor and vision and the patient explanation of complex issues was Obama at his best - and more than any other moment of his first 100 days in office, it summed up the purpose of his presidency: a radical change of course not just from his predecessor, not just from the 30-year Reagan era but also from the quick-fix, sugar-rush, attention-deficit society of the postmodern age. The speech received ho-hum coverage on the evening news and in print - because, I suspect, it was more of a summation than the announcement of new initiatives. Quickly...
...large upbeat about what they saw and heard in Iraq during their three-day tour, which began Sunday. Arriving in Baghdad, the group flew by helicopter from Baghdad International Airport to the embassy, allowing them a look over the city. They bunked at the huge new U.S. embassy complex by night and toured Baghdad by day in the heavily armored convoys diplomatic delegations use. The group of 10 executives met with government officials face-to-face, talked with students and faculty at Baghdad University and the University of Science and Technology and mingled with U.S. officials at the embassy compound...