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Word: fiascos (lookup in dictionary) (lookup stats)
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BLAME FOR THE SAVINGS AND LOAN FIASCO FALLS not just on executives of the thrift institutions but also on accountants and lawyers who closed their eyes to clients' shenanigans. So says the U.S. government, which claims a "landmark" victory in making that case. Ernst & Young, one of the Big Six accounting firms, agreed to pay a near record fine of $400 million to settle a slew of cases charging it with failing to blow a whistle on S&Ls it audited. For example, say the feds, the firm failed to challenge fictitious sales of real estate made...

Author: /time Magazine | Title: A Landmark Fine | 12/7/1992 | See Source »

Before the Brown fiasco, Harvard had hoped to race into winter break undefeated and improving at the same steady rate it had been all season. Now Harvard will try to regroup this weekend and assess its progress...

Author: By Jay K. Varma, CRIMSON STAFF WRITER | Title: Men Reeling From Tough Brown Loss | 12/3/1992 | See Source »

...Just as the taxpayer in the United States has been asked to pay for the savings and loan fiasco, so too are Harvard alumni being asked to bail out the President and Fellows for their egregious lack of oversight in the management of Harvard's money," said one Harvard graduate who is a major contributor to the University. "This is a bailout. It's nothing more complicated than that...

Author: By Stephen E. Frank, CRIMSON STAFF WRITER | Title: Harvard's Endowment Returns Outpaced by 71% of Universities | 11/9/1992 | See Source »

...Boom Boom" Grossman (Al's brother), well-played by Alan King as the intimidating gangster-type, threatens Fabian. If Al dies during Fabian's boxing fiasco, so does Fabian (foreshadowing?). And Boom Boom already has good reason to follow through: He hates Fabian because of confrontations in their favorite pub, plus Fabian's dream poses a potential threat to his own boxing promotion corporation...

Author: By Dvora Inwood, | Title: Lights Out | 10/29/1992 | See Source »

Steinbrenner ran Winfield out of New York by harassing him, vilifying him in the press, and paying an indicted gambler, Howard Spiro, to dig up dirt on the Yankee rightfielder. As a staff editorial on the opinion page commented about Mike Beys' Spin Doctors fiasco with the Undergraduate Council, this was both stupid and sleazy...

Author: By Eric R. Columbus, | Title: In Your Face, George! | 10/28/1992 | See Source »

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