Word: postmeltdown
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...incentivized traders and other employees to take the excessive risks that contributed to the financial crisis. And corporate-governance expert Nell Minow asserted that Wall Street firms had done little to change the pay practices that she believes were a "symptom and cause" of the financial crisis. "In the postmeltdown world, the pay packages and especially the bonuses continue to widen the gulf between pay and performance - and between integrity and outrageousness," said Minow...
...support for social issues such as gender equality, a robust welfare system and rights for the disabled and elderly. Fellow MP Ágúst Einarsson went as far as to call her "socialism incarnate." Firmly planted in left-of-center politics, the new Minister reflects the nation's postmeltdown retreat from the right, as demonstrated in recent polling data...
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