Word: fiascos
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...another notch in late October, but by moving up the launching date two weeks, IBM and its principal underwriters, Salomon Brothers and Merrill Lynch, were confident that the timing was right. It was hideously wrong. The bond issue turned out to be perhaps the greatest underwriting fiasco in Wall Street history...
Against that background, it was not so unwise, I think, to increase the fine for illegal workers. If not, we would have had another 20,000 people coming into the area without jobs. The 20,000 we are presently trying to assist would be ousted in this fiasco...
...quiet third quarter showed the prowess of the Harvard defense, which kept the period scoreless thanks to a strong goal-line stand. Resisting the temptation to do something interesting, the Lions took a first-and-goal at the three and turned it into a fiasco...
...Wyden is one of those veteran journalists who scoff at the notion that historians can gain insights into past events by poking around in faded documents. To be sure, Wyden fought for release of every official paper that might illuminate America's most humiliating pre-Viet Nam military fiasco: the 1961 invasion at Cuba's Bay of Pigs. But he also spent several years assaulting the still sensitive memories of the CIA's chastened plotters; interviewing the bitter Cuban exiles who had watched their comrades die on the beach; quizzing Fidel Castro and dozens of his victorious...
...energy debate is turning into a finger-pointing fiasco. While trains and other forms of mass transit choke up with riders and driving in the U.S. declines for the first time in years, Americans go looking for scapegoats. Consumers accuse the oil industry of pushing up prices by holding back supplies. Oilmen blame Washington for snarling them in red tape and overregulation. Congress blames the White House for not providing effective leadership. The President blames the public for not believing that the peril is real...