Word: greed
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What do all the cases prove? Perhaps that cynicism and greed frequently count for more than policy and principle in the murky world of arms trading. Only in the U.S., though, was a national government directly involved in sensitive weapons sales in the face of its own repeated declarations against trading with terrorists...
...wasn't offended by these naked expressions of greed. I myself can be quite greedy. I must have a Porsche 928S with a phone, and that Panasonic multivision system where you can control your television, stereo, VCR, and the U.S. tactical nuclear arsenal with the same remote. This is going to take some cash...
...still an open question whether Mrs. Aquino and her supporters will be able to orchestrate the transition from the crony capitalism and unbridled greed of the Marcos years to a fairer distribution of economic and political power. If the First Lady fails to do so, then the verdict will be that she could neither paper over the cracks nor rewrite the script for Philippine society...
Since so much insider trading is based on knowledge of impending corporate raids, the Boesky scandal heated up the public scrutiny of takeover artists. Economists and other thinkers wondered out loud whether greed had gotten out of control on Wall Street. "This is no longer free enterprise. It's predators on the loose," declared Investment Banker Felix Rohatyn, perhaps the most outspoken critic of corporate raiding. Observers began to describe the era as a time of paper entrepreneurship, in which a lot of stock and money changes hands but no real work gets done to benefit the economy. "In America...
History, wrote Gibbon, is little more than a "register of crimes, sorrows and misfortunes." It is, equally often, a study in black ironies or the fatal mechanisms of tragedy. Sometimes history is even a cautionary tale, an Aesopian fable on the folly of blindness or greed or lust. But history is rarely a fairy tale, a narrative that instructs as well as inspires. Still less often is it a morality play, in which the forces of corruption and redemption, of extravagance and modesty collide in perfect symmetry...