Word: preventability
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Dates: during 2000-2009
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...employee retention are fair. The only reason the company isn't in receivership is because the government deemed it was "too big to fail." Fearing the financial market would be dealt a horrible blow if it went bankrupt, the government has provided AIG with several loans to prevent its untimely demise...
...many kids use their movements - like swiveling in a chair or folding a leg underneath themselves and bouncing in a desk seat or repeatedly lolling and righting their head - the way many adults use caffeine: to stay focused. In other words, it may be that excessive movement doesn't prevent learning but actually facilitates it. (See the top 10 medical breakthroughs...
...Turn the negative into a positive Overall approval ratings show that Obama has not personally suffered in the AIG uproar, though Geithner, Congress and Wall Street most certainly have. On Tuesday Geithner tried to parlay his boss's position of strength into a larger mandate to prevent another AIG Bonusgate from happening again. Suddenly, members found themselves contemplating giving more power to the guy whom many wanted fired last week. "It is clear that we're going to need to ask, and we will ask, for broader authority to deal with future AIGs," Geithner warned the committee. "Our responsibility...
...ravenous "tiger ... lunging at your neck" - i.e., the tanking world economy - instead of the "dust bunnies under the bed," the AIG bonuses. Geithner employed this tactic Tuesday: "AIG highlights very broad failures of our financial system," Geithner told the House panel Tuesday. "Our regulatory system was not equipped to prevent the buildup of dangerous levels of risks. Compensation practice rewarded short-term profits over long-term financial stability, overwhelming the checks and balances in the system." (See the best business deals...
...must say, a big shift from the last time Obama messed up the prime-time television schedule for a press conference. Six weeks ago, he had a different message: The nation was facing a financial abyss, he explained, and lots had to be done, and fast, to prevent a prolonged economic catastrophe. Now he had returned to the same format to say that that the ship was slowly turning and the problems would be solved. Teachers and police officers were keeping their jobs, he said in his introduction, reading from a large TV screen. Stimulus tax cuts were finding their...