Word: excessive
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...that oversees Fannie and Freddie, backs a plan that would break up the firms into as many as 15 smaller companies. As with public utilities, he thinks the government could regulate what these firms could charge and how much they could make. That would limit the risk-taking and excess use of leverage that caused the two firms to collapse. "I think it would be bad for the mortgage market to get rid of them completely," said Kanjorski, who also spoke at the conference on Friday morning. "But if they were smaller, perhaps next time...
...those kind of altitudes, the gap between excess speed and stalling narrows, especially when you factor in complications like turbulence," says Paul Hayes, director of the London-based Ascend Worldwide fleet consultancy, which advises global airlines and air-transport companies. Without the black box, Hayes adds, the alerts could provide some answers, but not all of them. "Correctly sequencing the cascade of technical reports the plane sent should give investigators clues into what was going wrong as it flew into difficult weather," he says. "At this point, the limited remains of the plane and its passengers recovered will probably...
...vibrant carpeting and dramatic lighting celebrating the building's cinematic origins and its continuing function, the 700-seater auditorium having been beautifully restored as a venue for film festivals and conferences. The thickly carpeted guest rooms are meanwhile individually designed with impeccable Swedish taste. Comfort, rather than any showbiz excess, is the keynote - an approach exemplified by the choice of eight different pillow types, and the noticeably informal dining options (a café and a bakery). It isn't all money, money, money, either. Rates start from about $180. See www.rival.se for more...
...This is where hopes of an Asia-led rebound are most tenuous. After a dozen years of excess, the overextended American consumer is tapped out. The "green shoots" crowd - those believing global recovery is nigh - drew special encouragement from a 2.2% rebound in real U.S. consumer expenditure in the first quarter of 2009. That encouragement is about to be dashed. Outright contractions in retail sales in March and April point to a renewed decline of at least 1% in real consumption in the current quarter...
Still, many expected things to be different this time. The bursting of the housing bubble so soon after the tech-stock wreck was supposed to show the excess and folly of the financial-services industry. Many predicted a massive shift in workers away from dollar-crunching into the more real parts of the economy. The best and the brightest would no longer head straight to Wall Street. (See 10 perfect jobs for the recession...