Word: failed
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Dates: during 2000-2009
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...from the government to Goldman Sachs and other investment banks. Geithner was also asked whether he thought the government's bailout efforts, which have actually allowed a number of banks like Bank of America, JP Morgan Chase and Wells Fargo to grow, has only exacerbated the too-big-to-fail problem in the banking business...
...online debate over a national bill has been largely focused on the notion that a federal ban might be unconstitutional, but there are few reasons to support that claim. At the very least, the federal government could withhold funding from states which fail to pass cellphone usage laws. The underlying concern these people face is that such a law would unduly restrict their freedom...
...Wall Street argues, albeit on weak ground, that the new model does in fact learn from the lessons of the last decade. In the mortgage-backed security market, subprime loans functioned as adversely selected “lemons,” and the mortgages most likely to fail were the ones most likely to compromise the integrity of the securitized assets. In this new market of life insurance securities, it is instead the healthy insurance candidates who are the liability. This time, to offer life insurance to the physically unhealthy—in other words, the “subprime?...
...where a compromise has not yet been reached, there are some signs that agreement time might be upon us. On Sept. 6, in an interview with CNN, Nebraska Democrat Ben Nelson, a longtime opponent of a public-health-insurance option, said he could support a public plan as a "fail-safe" or "backstop" that would be created only if insurance companies did not reform their business practices over the coming years. Republican Senator Olympia Snowe, a key swing vote from Maine, has also spoken favorably about a triggered fail-safe. (See TIME's health and medicine covers...
...deal anytime a terrorist manages to get a bomb onto a plane. But if airline security had to fail, at least it failed for Richard Reid. The al-Qaeda operative concealed a bomb in his shoe on a 2001 transatlantic flight from Paris to Miami. But once onboard, the terrorist proved utterly unable to get his shoe to ignite, attracting the attention of flight attendants who saw him repeatedly muttering while attempting to light matches. After noticing a wire running from his shoes, passengers doused Reid, tied him up and sedated him for the rest of the flight...