Word: judgmentalism
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...Treasury committee explaining, "the provision of such liquidity support undermines the efficient pricing of risk." He went on: "That encourages excessive risk-taking, and sows the seeds of a future financial crisis." Why the change of heart? "Decisions about the balance between liquidity and moral hazard is a judgment we are making almost daily," he told the committee, referring to the danger that lending to banks in this way only encourages them to take risks knowing the central bank will bail them out. Speculation he was leaned on by the government to inject the cash got short change. "This operation...
...Oluwale, discovered dead in a river, after police harassment, is described by one cop as a "wild animal, not a human being" and by a nurse as "a savage animal." Both Barber and Turpin marry white Englishwomen, yet systematically undermine themselves through failures of judgment...
...frontline state in the war on terror, what happens there is closely followed by Washington. The State Department has studiously stayed away from condemning Sharif's deportation. "It's a matter for the Pakistanis to resolve," said spokesman Sean McCormack. "The Pakistani Supreme Court has made a judgment about this issue and the decision to deport Mr. Sharif runs contrary to that, but it is still a pending legal matter in Pakistan, so we're not going to have anything to say about...
...RUSSIAN TO JUDGMENT...
...this case, Faust wisely constrained her comments to the academic issues at hand rather than the broader and far thornier issues in the conflict between Israel and Palestine. We hope she continues to show such good judgment and tact...