Word: oversights
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Conglomerate banks that are too big to fail are often too big for executives to manage effectively. As Spitzer pointed out last week, most bank CEOs probably did not want to take on ruinous amounts of risk, but the scale of their operations hindered their oversight. Unsurprisingly, these financial behemoths tend to become unwieldy as they attempt to do too much at once. Consider the case of Citigroup, the product of Citibank’s historic 1998 merger with Travelers, an insurance company. The one-time “financial supermarket” was exposed as a bloated, mismanaged basket...
...mistake that I would use the power I have as a single Senator to stop a final vote." Just days before that, he told ABC News he intended to campaign for both Republican and Democratic candidates in next year's midterm elections. And late last month, in a rare oversight hearing of the Obama Administration, he examined the legality of the President's so-called czars - a favorite bone of contention of Fox News' Glenn Beck and talk radio's Rush Limbaugh.(See pictures of the Fort Hood memorial service...
...under the government's Making Home Affordable plan. How long lasting that help will be, though, is a different question: as of Sept. 1, only 1,711 borrowers had successfully completed the trial phase and received permanent changes to their loan terms, according to a report by the Congressional Oversight Panel...
...lucrative business of taking fish to ranches like these, sometimes netting more tuna than they're allowed to, or catching underage fish that have not had the chance to spawn. "Fattening is the motor that drives overfishing," says Sebastian Losado, oceans policy adviser for Greenpeace in Madrid. Oversight of this kind of illegal fishing - and more generally, stewardship of the fish - has proven weak. Last November, the International Commission for the Conservation of Atlantic Tunas (ICCAT), the Madrid-based body charged with protecting the Atlantic bluefin, adopted a regional quota for 2009 that exceeded its own scientists' more cautious recommendations...
...election battle in Connecticut in 2010, told his staff that the proposal put forward by the Administration didn't take into account the possibilities opened up by the enormous financial crisis of the past year. For political or policy reasons - or both - his bill is more aggressive on federal-oversight authority on a number of potentially controversial issues. "We should push for the biggest changes we can get," says Dodd spokeswoman Kirstin Brost. (See a scorecard of President Obama's performance after a year...