Word: corrupts
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...Mexican migrant workers - can help him revive other reforms, from tax policies to the judicial system. Fox started his presidency with an amazing 80% approval rating. And he has scored some important wins - Mexico's first serious crackdown on drug lords and the opening to public scrutiny of its corrupt and cryptic bureaucracy. In a nation where Presidents have long ruled like Aztec Emperors, Fox eschews executive fiat and has so far avoided the ego-driven financial catastrophes that marked Mexico's last four presidencies. As a former Coca-Cola executive and state governor, Fox was thought to bring...
...Marcos Cabinet minister for 18 years, but he wasn't corrupt, and that anomaly?plus the widely admired interregnum comment?led to an amazing acceptance after Marcos' ouster, culminating in his appointment as Foreign Secretary in 2002. When I met him a few weeks before he died, Blas, 76, was short of step but lucid and humorous?and he never forgot to light a fresh cigarette directly after the previous one expired. He recalled the 1986 phone call in which he told Marcos the Reagan Administration's support was collapsing. "Blas," Marcos bellowed. "You know the Soviets. Can you give...
Ratbag: A corrupt, unethical, devious person. Most commonly used in Australia to describe politicians, generally held in contempt. Sometimes implies a leaning towards rabid conservatism, but that could just be my politics...
...President Eduard A. Shevardnadze, who helped to bring about the end of the Cold War as foreign minister under Mikhail S. Gorbachev before Georgia became independent in 1991, stepped down as president of Georgia under pressure from public protests over corrupt elections, opposition groups and the military...
Midnight trading. Hush-hush commissions. Corrupt executives. The recent torrent of headlines about mutual-fund scandals provides ample cause for outrage among investors. But if you're wondering how badly the industry's shenanigans have damaged your wallet, the answer is, probably not much. A Stanford University study found that overnight arbitraging in funds cost investors more than $4 billion a year. That's hardly a drop in the bucket, but it was widely diluted in a fund industry with $7 trillion in assets under management...