Word: fixes
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Dates: during 2000-2009
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...Lord, except that right now everyone wants a little piece of it. The mob has been chanting for months, ever since former Treasury Secretary Henry Paulson arrived in late September on Capitol Hill to warn of disaster, pass around his three-page plan and demand $700 billion to fix the problem. Most members of Congress were so spooked they were ready to write a check, until their phone lines started melting with the angry voices of taxpayers demanding details about the likely return on the investment. But even the minimal strings attached did not prevent the first $350 billion from...
Meanwhile, Schapiro has been trying to get a word in edgewise about her plan to fix the SEC. The initial actions were heard Friday in a speech at the Practising Law Institute in Washington. In what Schapiro calls her first two significant moves as chief, she is abolishing the agency's two-year-old failed "penalty pilot" experiment and dismantling a burdensome full-commission "pre-approval" process, which often delayed enforcement efforts "for weeks," she said. The announcements brought applause from the lawyers in attendance...
...region's resurgent left; and after his first attempt to change the constitution, leftist Presidents Evo Morales of Bolivia and Rafael Correa of Ecuador had their own term limits relaxed by popular vote. Colombia's conservative President, Alvaro Uribe, won't deny that he hopes to engineer a constitutional fix letting him seek a third term when his second mandate ends next year. The trend has democracy watchdogs fretful about a return of the Latin caudillo. (See pictures of Colombia's guerilla army...
...Strata is one of the many so-called toxic assets clogging the nation's financial pathways. What's more, the complicated bond and its ilk are likely to present a significant stumbling block in the government's latest effort to fix our ailing banks. (Read "Why Your Bank is Broke...
...trials and convictions are supposed to render justice to victims, their families, and society - and revenge-seeking kangaroo courts don't do that," a French counter-terrorism official notes. "Does that risk [the possibility of an] innocent verdict or lighter sentences? Yes. But that's how the system works. Fix or improve it if you don't like it, but don't stick another rigged system...