Word: lessers
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Dates: during 2000-2009
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...This was hardly the worst fate for an artist of the time, of course. During the Cultural Revolution academies were shut and aspiring artists were sent to the countryside while lesser talents, with better party credentials, were given high-profile assignments. Established painters often saw their work destroyed or were themselves subjected to "struggle sessions" of abuse and public humiliation...
...Naipaul. He won the Booker, was knighted, had a great masterpiece published (“Bend In the River”), and won the Nobel Prize (too late, he claimed, for it to make him happy). This year he received the compliment of an accomplished warts-and-all biography (lesser writers receive praise while they’re living, and are damned when they’re dead). But he is miserable. Every time he writes a novel he claims it will be his last—because novels and literature are dead, he says each time...
...Solidarity did not want to rein in its political aspirations," the general argued. "Because of the geopolitics, the authorities could not step back. There was a knot which we decided to cut ourselves." The crackdown, however brutal, was a "lesser evil" that spared Poland the a direct Soviet military intervention, he argued. He acknowledged that martial law brought human suffering, for which the general said he "is sorry and takes the responsibility...
...quality of the loans on its books. Citi was, after all, one of the nation's largest sub-prime lenders, not just to homebuyers but through its credit card division as well. This week, the fears have centered on the quality of its corporate loans, and to a lesser extent its credit card business...
...those SIV assets for $17 billion. But Citigroup still has a remarkable $130 billion in unfunded off-balance-sheet liabilities. Not all of that will go bad. But conditions don't look good for the $2.5 billion in obligations to off-balance-sheet collateralized debt obligations, or to a lesser extent the $63 billion it has in asset-backed debt...