Word: dominos
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Dates: during 2000-2009
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Much of the griping has been taking place anonymously, so as not to cause political ructions. But not all of it. France's Finance Minister Christine Lagarde told French radio shortly before last weekends G7 summit: "As soon as you let one domino fall, the rest risk crashing down." She didn't exonerate Lehman - "there were certainly bad decisions taken by that bank, bad management," she said. But under the present panicky conditions, no bank should be allowed to go under. That's the motto the Europeans have adopted as part of their plan...
...fractional-reserve Ponzi scheme for the past 25 years, with bubble after bubble fed by prime lending rates that have not matched the true rate of inflation. Wall Street merely set up massive side bets on the whole scheme and then failed to get out early. The last domino will be the rejection of our currency by shocked foreign debtors. There is only one piece of investment advice anyone needs, and it has been accurate for over 5,000 years: buy gold. Gold has always represented the principle that you can't get something for nothing; something that America forgot...
Doubtlessly, a moratorium on private-school students would have a huge domino effect (property values, angry donors) that we can’t yet fully grasp. There are many reasons why Harvard most likely won’t heed my advice (and, probably, shouldn?...
Stitzer says he's under no pressure to do a deal. When Nestlé acquired Rowntree in 1988, there were similar predictions of industry consolidation that never materialized, he says. "I don't think I'd be a proponent of the domino theory of consolidation." He insists he's committed to achieving revenue and margin growth targets to restore investor confidence and sees Cadbury as more of an acquirer than an acquiree. "We're always looking for the right bolt-on acquisition," he says...
...dissatisfaction with the long-accepted notion that major guarantees of the Bill of Rights apply to actions by state governments. Opponents contend this shows disregard for the Constitution. To supporters, such positions represent the possibility of getting a new constitutional interpretation. If Manion is defeated, there could be a domino effect. Waiting in the wings are several other controversial possibilities, including Lino Graglia, a University of Texas law professor who has twice been rejected by the A.B.A. ''The White House has to decide if it wants the curtain to come down on the Reagan judiciary in the second term,'' says...