Word: oversight
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...populated island had a mainly fish-based economy until the early 2000s, when it deregulated its banks and tried to reinvent itself as a global financial power - with disastrous results. Banks such as Landsbanki moved aggressively into European markets and racked up incredible debts - partially because of poor government oversight - which they were then unable to refinance...
...entirely clear. Slovakian authorities say they immediately contacted their counterparts at Dublin Airport to explain the situation, but the Dublin Airport Authority says it did not hear from the Slovakians until Tuesday morning. (According to the Irish media, a telex went to the wrong number.) Slovakian officials described the oversight as a "silly and unprofessional mistake" and apologized to the Irish. But in a statement from the Slovakian Interior Ministry, the government took exception to the arrest of the passenger: "[For an] incomprehensible reason, [the police] took the person into custody and undertook further security measures ... After explaining the situation...
...minced few words when questioning Treasury Secretary Timothy F. Geithner at quarterly hearings before the Congressional Oversight Panel...
...chair of the Congressional Oversight Panel, Warren has grilled Treasury officials and sought to defend the middle class while keeping a watchful eye on the government's Troubled Asset Relief Program (TARP), which was created in October 2008 to stave off a potential collapse of the U.S. financial system...
...head of the TARP oversight panel, Elizabeth Warren has been an extremely effective and influential monitor of one of the consequential economic programs in history, and in this role she has successfully and effectively put a spotlight on issues of great significance," said Law School Professor Lucian A. Bebchuk, who has written prolifically about TARP and executive pay, in an e-mailed statement from abroad...