Word: junked
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...didn't invent things like flawed program trading - people did. Program trading simply followed algorithms that people wrote. So while a computer may help make dumb decisions happen faster, I think putting the blame on computers when they've been such a driver of productivity is a mistake. Taking junk mortgages and calling them triple A, that's not a physicist's or a computer scientist's decision, that's somebody who is trying to pitch something...
...term snapshot aesthetic, but from early on, just like Garry Winogrand and Lee Friedlander, he's been making pictures that are brilliantly open to the flotsam of the visible world, the little accidents of vision and oddball details that snapshots automatically gather up. He is fascinated by American junk-space, the banal stretches of tract housing and strip malls. But there's nothing camp or ironic about Eggleston's work. The power of his pictures rests on their casual but absolute sincerity, their conviction that small is beautiful. There's something very American about this, a valorization of the commonplace...
...Commission made was that excessive secrecy actually undermined national security because it was hard to get information out. With congressional oversight and judicial review you can channel the government's resources more effectively. National security experts say that the whole premise of NSA domestic spying and data-mining is junk science. It's the worst of both worlds: the government is being bogged down listening to communications between innocent people, and they're not channeling resources toward those who really act in a suspicious manner. Law enforcement and security experts criticize demographic profiling for the same reasons...
...fault that things went bad. For example: “Go if you wanna go / But I won’t follow / Just so you know,” and “This old town keep shrinking / There’s too many people in my junk / I’m gonna do a lot of drinking / ’Cause it don’t hurt when I’m drunk.” Emotional immaturity is one of the album’s major unintentional themes, along with self-centeredness and the whiny frustration...
...Following the deregulation of savings and loan associations (S&Ls) in the early 1980's, several of these banks began taking greater liberties with depositors' money, sinking it into risky real estate ventures and junk bonds in an effort to reap maximum profits. Fearful about the future of the vast amounts of federally-insured money being invested, the Federal Home Loan Bank Board (FHLBB) instituted a cap on the amount of money S&L's were allowed to place in such volatile instruments. An investigation into Lincoln Savings and Loan uncovered flagrant violations of these regulations, exceeding the limit...