Word: fails
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Dates: during 2000-2009
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...York City Still Too Big to Fail Insurer AIG, reeling from the collapse of mortgage-backed securities it underwrote, received a fourth massive infusion of federal funds, bringing total taxpayer liability to $180 billion. The same day, it posted a $61.7 billion quarterly loss--the largest in U.S. corporate history...
...that line--even put his toe over--as he tried to capitalize on the anti-Obama declarations of talk-show leviathan Rush Limbaugh. In January and again at a recent gathering of conservatives in Washington, Limbaugh pointedly voiced his hopes that Barack Obama's economic proposals will fail...
...Street Journal and NBC News found that even in a country largely supportive of Obama, most voters remain skeptical of his stimulus plan. Nevertheless, Democrats scampered to make Limbaugh the official mouthpiece for the rest of the Republican Party. "Do they want to see the President's economic agenda fail?" Gibbs asked reporters. Michael Steele, the new GOP chairman, rushed to say no. Limbaugh, Steele said, is "an entertainer" given to "incendiary" and "ugly" overstatements. Like party leaders before him, however, Steele soon apologized to the man who claims 20 million listeners...
...protesting a levy on public-sector pensions, which the government says will save the country $1.2 billion. Unions are currently balloting members on a planned general strike for March 30, with the head of the country's trade-union umbrella group warning of a "doomsday situation" should the government fail to introduce a recovery plan that gains the support of social partners. According to the most recent opinion polls, only 10% of Irish voters say they have confidence in Prime Minister Brian Cowen's government. "People are very, very angry about these scandals and the skulduggery that was going...
...keynote speech to a somber Fianna Fail party conference over the weekend, Cowen told Irish voters to expect higher taxes. "Everyone will need to pay more," he said. But with a public appetite for bank-baiting still strong and further wage cuts and job losses on the horizon, most Irish voters are unconvinced that the burden of recovery will be equally shared. Irish voters may be angry, but they're likely to get a whole lot angrier...