Word: feckless
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Dates: during 2000-2009
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...losses would be getting $450 million in bonuses. Some of the media put the number lower than that, but Congress and The White House have already complained loudly that any amount of money paid to an operation that helped undermine AIG's viability should get nothing. Edward Libby, the feckless former head of Allstate (ALL) who was brought in to turn AIG around, apparently did not know about the bonuses until recently. In the brief note he sent to the Fed apologizing for the problem he said that the company's hands were tied. The employees getting the money...
...point is that Washington and Quito could have worked this out more maturely than the outcome shows. The U.S. could have, and should have, been better tuned in to the fact that Correa, love him or hate him, is not one of the obliging military strongmen or feckless oligarchs that used to run Ecuador, and that his anti-American agenda has been pretty clear since he won the presidency in 2006. He recently decided not to renew the U.S. lease at Ecuador's Manta air base (although, ironically, he said Saturday he would grant U.S. planes limited...
...winning the presidency in 1998, Chávez had never lost an election until December 2007, when he was stunned in a constitutional referendum that he had hoped would eliminate presidential term limits and greatly expand his socialist project. But his nemesis in that plebiscite wasn't Venezuela's feckless political opposition. It was a broad and unexpected university-student movement that took to the streets, mobilized the victorious "no" vote and flummoxed...
...ongoing federal criminal probe) the equivalent of a lynching and his inability to call witnesses a "trampling of the Constitution." But his outrageous media appearances and unpredictable moves have kept Blagojevich the unrivaled star of his own reality show, making the jury of his peers in state government look feckless by comparison. (See a gallery of politicians caught in scandals...
...same time, Chávez's feckless foes should realize that they're still weak enough for El Comandante to consider the constitutional issue a still viable option. Chávez, a former army paratrooper officer who led a failed coup attempt in 1992 before winning the presidency in the 1998 election (and a special race in 2000 under a rewritten constitution), has benefited greatly from a dysfunctional opposition led largely by leftovers from the old guard that pilfered Venezuela's oil wealth and left more than half the population in poverty; it thwarted Chávez last year only...