Word: disasterous
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The stock-loan department, AIG's other disaster, took the cash it got for lending out stock owned by AIG and invested the money in esoteric securities rather than in risk-free Treasuries, the standard practice. The idea was - I'm not kidding - to make an extra one-fifth of...
The most recent anti-South probe began in September, after authorities caught a group of students in a university computer lab watching a new South Korean disaster film, Haeundae, according to the North Korean Intellectuals Solidarity (NKIS), the Seoul-based defectors' organization that Myung now manages. The group says it...
"The public debate is bad because it raises questions about the whole vaccination program," Osterrieder says. If the government doesn't find some way to remedy the current public relations disaster and clear up the confusion over the different swine-flu vaccines, it could be faced with an even greater...
These days, national emergencies expire after six months unless formally continued by the President. After announcing an emergency, the President must indicate which emergency powers he plans to activate. In 1979, in response to the hostage crisis, President Jimmy Carter declared a national emergency, freezing all Iranian assets in the...
Nearly 860 people were killed in flooding and landslides after Ketsana and typhoon Parma tore into Luzon, the country's largest island, in late September and early October. Four weeks later, sections of the city and some surrounding provinces are still underwater, and state-run hospitals have been overwhelmed by...