Word: dicey
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Dates: during 2000-2009
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...additional $43.7 billion to many of the same banks, which were also customers of the securities-lending operation run out of AIG's insurance division. In this case, AIG managed to take a business specifically designed to be low risk, low return and amp it into another dicey venture - with taxpayers on the hook...
...smell it in the halls of Congress, where pandering politicians wax patriotic while inserting protectionist measures into recovery legislation. But you can also find it wafting from the eggplant parmesan in Harvard’s dining halls, which have adopted a rash of interhouse restrictions that make things dicey for those not lucky enough to sport an Adams sticker on their ID cards...
...making money: "When people think of a blogging business model, the first thing that comes to mind is that they'll run ads on their site. But in fact, the economics of this route are rather dicey - so don't quit your day job expecting that cash will fly into your pockets the second you sign up ... It takes hundreds of thousands of readers to earn anything approaching a living online...
...that cost Goldman $1 billion. But the lessons learned and applied may be why the company isn't neck-deep in blood today. As ambitious as its cutthroat competitors, Goldman didn't go completely mad during the past decade when it came to, say, overleveraging itself or overvaluing dicey assets...
...University of California at Riverside, he realized that Prosperity's central promise - that God will "make a way" for poor people to enjoy the better things in life - had developed an additional, dangerous expression during the subprime-lending boom. Walton says that this encouraged congregants who got dicey mortgages to believe "God caused the bank to ignore my credit score and blessed me with my first house." The results, he says, "were disastrous, because they pretty much turned parishioners into prey for greedy brokers...