Word: greed
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...even if the summit yields trans-Atlantic agreement on tougher regulations, Lannoo says the new determination to substitute sobriety for greed may be a harder line to sell to emerging nations. "Lots of countries in Africa, Asia, Middle East, and South America are going to say, 'these are reactions to your problems created by your systems - why should we listen to anything you say now?'," Lannoo says. "The challenge isn't just finding ways to prevent future excess, but also to convince nations like China and India to agree to turn off the music and quiet down when they...
...Strangely, it is this sort of thinking—that is, putting the pursuit of money ahead of almost everything—that is related to why we’re witnessing this current crisis. Though the blame certainly does not rest completely in their hands, it was the greed of many members of Wall Street that contributed to the destabilizing of the market. This veneration of dollars is not sustainable. And when a crash such as this one occurs, many are left feeling very empty. As one friend of mine observed, a strange sense of isolation...
...companies going bankrupt or merging, and health care made unavailable as a result of cost. Suggesting that borrowing to live is the cause of the Wall Street collapse when the 400 richest people in the U.S. have as much money as several million average citizens shows ignorance of the greed and avarice controlling this country. Paul A. Heller, WASHINGTON, MICH...
...companies going bankrupt or merging, and health care made unavailable as a result of cost. Suggesting that borrowing to live is the cause of the Wall Street collapse when the 400 richest people in the U.S. have as much money as several million average citizens shows ignorance of the greed and avarice controlling this country. Paul A. Heller, WASHINGTON, MICH...
...extraordinary story of how Israeli detectives built a case against Golan and his alleged cohorts is the subject of Unholy Business: A True Tale of Faith, Greed and Forgery in the Holy Land by Nina Burleigh, a former TIME staffer who now writes for People. In fast, noir-ish prose - imagine Sam Spade in the Holy Land - Burleigh tracks her story through the twilight world of Arab grave robbers and smugglers to the glimmering salon of a billionaire collector in Mayfair whose mission, writes Burleigh, is "proving the Bible true." Past accounts of the James ossuary are fiercely partisan, written...