Word: excessive
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Dates: during 2000-2009
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...effort to carve some of the excess behavior out of the system, companies that take TARP will be required to create an internal panel on "luxury" purchases, the definition of luxury - a jet, fancy office or glitzy sales conference? - being left vague under the "you know it when you see it" rule. It also allows employees to "name and shame" abusers. There's a dose of shareholder democracy too. Companies will have to subject their compensation packages to a nonbinding shareholder vote, popularly known as "say on pay." (See the top 10 scandals...
...fish stocks time to recover between harvests, just as a forest might be managed for logging. To that end, the U.N.'s Food and Agriculture Organization (FAO) in 1995 created the Code of Conduct for Responsible Fisheries, a voluntary guide to sustainable fishing - which means controlling illegal fishing, reducing excess fishing capacity and minimizing destructive practices like ghost fishing, when gear is left in the water after a ship departs, still killing sea life. If carried out, these guidelines could keep the world's fisheries productive for decades. (See pictures of tuna fish...
...bullish on India, which he believes could growth 3% to 5% in 2009, possibly making it the world's fastest-growing economy. The reason, he says, is India isn't as exposed to the global downturn as China. "India has not been growing in the past decade because of excess world growth," Walker says. "Domestic demand is the strong component." He also argues that Asia could take the lead in a global recovery, and might show signs of an upturn by early 2010. The turnaround will be sparked by Asian companies, which generally are in healthy shape. "They are much...
...will take Toyota time to adjust its fixed costs, since it has spent the past several years investing aggressively to increase production capacity by about 500,000 vehicles per year in the U.S. "It's increasingly clear that the driving force [behind Toyota's recent growth] was really excess consumption in the U.S.," says Izumi of JPMorgan Securities, "and that's now unwinding...
...with orange or orange with blue, all gratis. The party felt busy, but there was never a line, whether it was for the roast pig at the savory station, the decadent bittersweet chocolate truffles on the desert tray, or the top-shelf liquor at one of the bars. Wretched excess was exactly enough." (Read "Thrown for a Loss: Super Bowl Parties...