Word: laxness
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Early on, the majority of people seemed to heap the most blame on barely regulated financial products, like credit-default swaps, which brought down AIG; mortgage brokers and their lax lending standards; and Wall Street bonus checks that rewarded short-term profits over prudent business decisions. Goldman Sachs, too, has come under intense scrutiny since the financial crisis, in part because of its ability to quickly turn around and seemingly profit from the mess...
...Sana'a. But U.S. officials view him as a fickle leader facing a difficult array of threats - from a sectarian rebellion in the north and a secessionist movement in the south, to say nothing of dwindling water supplies and oil reserves. In the past, the Yemeni government has been lax about the threat from al-Qaeda, and critics have charged that Saleh has used jihadists against his own adversaries. "The question is, What's his appetite for taking the fight to the bad guys?" says a U.S. official. It's a good question. But with no other options...
...Just because money is tight in the industry doesn't mean that these kinds of arrangements should be more lax than they ever were," said Barry Sussman, editor of the Nieman Watchdog, a Web site associated with the Harvard-affiliated Nieman Foundation that monitors the press...
...Nevertheless, Ifeanyi Ukoha, 39, a banker in Lagos who flies from the Lagos airport regularly, insists the security at Murtala Muhammed International Airport is comparatively lax. "Unauthorized persons are allowed beyond the stipulated point mostly because they are in uniform," he says. "And security personnel will keep soliciting gratification, especially during festive seasons." (See what we can learn from Flight...
...total websites registered in China. The policy came after state broadcaster China Central Television, which has targeted search engines such as Google and China's Baidu.com in several reports this year about the prevalence of online porn, turned its attention to what it described as CNNIC's lax standards for regulating Chinese domains. The .cn domain is a leading source of online fraud, according to the Internet-security firm McAfee, and the heightened requirements for registration could help ease that problem. (Read a brief history of Chinese Internet censorship...