Word: failed
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Dates: during 1980-1989
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Apart from Donovan's personal predicament, the significance of his indictment may lie in a deeper question: Why did the various federal law enforcement agencies, with access to most of the same evidence that Merola acquired, fail to file charges against the Schiavone firm long ago? The agencies involved say the evidence was not strong enough to prosecute. But other Government sources claim that there was official foot dragging to avoid embarrassing people in high places, both Democrats and Republicans. Among those whose actions are open to question: the Reagan White House, the Justice Department...
...Continental bailout. Last week Rhode Island Democrat Fernand St. Germain, chairman of the House Banking Committee, charged that federal regulators had drummed up support for the bailout by exaggerating the number of banks that would have fallen in a domino effect if Continental had been allowed to fail. As a result of congressional pressure to avoid such rescues, bankers believe First Chicago, because of its fundamental soundness, presented an opportunity for the Comptroller to clamp down without causing a widespread scare...
...great novel is concerned primarily with the interior lives of its characters as they respond to the inconvenient narratives that fate imposes on them. Movie adaptations of these monumental fictions often fail because they become mere exercises in interior decoration, searches for the armoire or settee that can serve as the objective correlative for a character's unspoken, perhaps dramatically unspeakable, fears and fancies. One may therefore wish to approach Swann in Love or The Bostonians undemandingly, almost as one would an antique show, browsing and ruminative but not expecting to make powerful emotional connections with the objects...
...hope some people at Harvard and other colleges have higher standards of behavior. If you fail to take effective and available action to end a wrong--you are supporting...
...moral conduct can only have the effect of producing the grossest deformities of character associated with fear: servility, and the tendency to pass on the pain suffered oneself to those beneath one who look weaker. There is no insurance system for moral conduct. But there are things known to fail...