Word: messing
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Despite pivoting from defense to offense, McCain was stuck in quicksand. The Republicans' post-convention bounce faded as it ran into the financial mess, and Obama moved back into the front-runner's position...
...people who would be brought in to do the deals would come from some of the very Wall Street firms that caused this problem in the first place. But as unpalatable as it is to bail out the wealthy financiers whose greed got the economy into this mess--and to do it, no less, in an election year when voters are already furious--the trio maintained that not doing it would be even worse. "We just haven't communicated as well as we need to. The average American looks at this as being about Wall Street. They're angry...
...Treasury. In that role, he acknowledges, he placed a lot of the bad debt that the now defunct Fannie Mae and Freddie Mac were peddling. "Yeah, I and everyone else placed Fannie and Freddie debt," he says, but "We didn't create this system and this was a mess that had to be cleaned up." He also acknowledges that he put the former Fannie Mae head, Jim Johnson, on the board of Goldman, and that Johnson chaired Paulson's compensation committee...
...powers from Congress and we were able to move quickly and stabilize the situation before we got into last week and mortgage rates have remained calm. Yeah, I and everyone else placed Fannie and Freddie debt. We didn't create this system and this was a mess that had to be cleaned up. And that is something that I'm proud of, Ben Bernanke's proud of, Jim Lockhardt, the regulator - not proud that the situation happened, but proud that we were able to move quickly enough to use the powers given to us by Congress to stabilize the system...
Previous governments failed to prosecute suspected war criminals; others, amid a tangled mess of loyalties in the aftermath of the war, pardoned dozens of Pakistani officers. To this day, the war casts a deeply polarizing shadow, with many still suspected of having collaborated with West Pakistan's suppression of the East. In spite of this, or perhaps because of it, Ali Ahsan Mojaheed, general secretary of the Jamaat-e-Islami, a powerful political party that sided with Pakistan in 1971, thinks it's better to close the book on a tragic chapter in history rather than risk opening old wounds...