Word: lax
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Government regulators are now belatedly cracking down. The German government, which has been particularly lax in supervising its banks, has proposed a new set of regulations that could force the closing of any bank that loses an amount equal to 50% of its capital...
...easier "preponderance of the evidence" standard established for civil cases. It was applied by the House Judiciary Committee after, ironically enough, being proposed by Presidential Counsel James St. Clair. But Republicans, led by Minority Leader Scott, favored "beyond a reasonable doubt," feeling that "clear and convincing" was too lax...
...solid, superefficient city controller, a post he held off and on for eight years. Last week the city's new controller, Harrison J. Goldin, charged that under Beame's stewardship the controller's office had been inexcusably sloppy in its record keeping and decidedly lax in accounting for city funds. Announcing the results of two separate audits that he had ordered after assuming office, Goldin first alleged that $5.4 million in bonds supposedly locked up securely in the controller's vaults was missing and unaccounted for. Then he released figures compiled by a pool...
Turkey insists that it will closely supervise the crops. U.S. officials are less sanguine, for good reason. Turkey has been notoriously lax in controlling opium smuggling in the past, and its actions so far hardly indicate that it will change...
...ADVISORY Committee on Shareholder Responsibility took the right stand last week on Arkansas Power and Light's emission control plans for its proposed White Bluff plant. The ACSR correctly pointed out that AP&L's policy of simply staying within the relatively lax legal limits on sulfur dioxide emissions "expresses too limited a view of appropriate corporate responsibility concerning environmental protection." And in a footnote to its report on the plant, the ACSR also came out strongly in favor of the installation of special "scrubbers" on the plant's smokestacks in order to cut down on the sulfur dioxide emissions...