Word: legalism
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Dates: during 2000-2009
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...Hank Paulson, a well-built former Dartmouth football player and former head of Goldman Sachs and mild-mannered Ben Bernanke have been accused of manipulating a major decision by a public company, Bank of America's (BAC) decision about whether it should by Merrill Lynch, overriding the normal and legal corporate governance system. Put more simply, they broke a law in the name of saving the national financial system...
...regardless of whether it has the fundraising capabilities to meet its impossibly high targets, the UC may not even be able to receive donations given its legal status. As of now, it has received a $4,000 donation that it can only accept either via a “gift account” or “pledge account” created in conjunction with the university, since the UC has yet to earn full 501(c)(3) status...
...Should the gods grant the UC the money (and the legal status) required to purchase 45 Mt. Auburn, it still would not be out of the woods. The price of the building itself is nowhere near the end of the expenses this initiative would incur. In the unlikely event that the building can be purchased, there will still be substantial renovation costs to meet. Architects have estimated that the total costs for these upgrades would be approximately $500,000, yet another large sum the UC must feel capable of paying. On top of everything else, there has even been talk...
...former Secretary of State weighed in with two public pronouncements in quick succession. Asked about waterboarding during a dorm visit with students at Stanford University, where she is now a political science professor, she said that "by definition if it was authorized by the President," the controversial technique was legal. The sound bite, with its inadvertent (and unfortunate) Nixonian resonance, raised eyebrows on the right and hackles on the left...
...Inuit may feel most aggrieved by another aspect of the ban: It will remain legal for Europe's fishermen to cull seals for fish stock management. (And they can continue to sell the resulting seal products within the E.U.). Adult seals get through huge amounts of fish on a daily basis, and buried within the Parliament ban is a recognition that seals often have to be hunted to ensure the sustainability of fisheries in some areas. Indeed, the population of seals on Canada's east coast is now 6 million, three times what it was in the 1970s, making them...