Word: retained
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Dates: during 2000-2009
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...into practice the idea that nearly anything can be turned into a financial product and, through complex statistical modeling, traded for profit. Asset-light and heavily reliant on intellectual capital, Enron rewarded innovation and punished employees deemed weak. Those ideas were New Economy chic, and to some extent retain currency. Energy traders still use financial instruments that Enron pioneered in order to hedge against price swings. As for those notorious off-balance-sheet partnerships, "they can be used legitimately for financing projects in high-risk countries," says Michelle Michot Foss, an economist at the University of Houston...
...Gaming Commission (NIGC), the understaffed, underfunded, underperforming and undersupervised agency that is supposed to police gambling on Indian reservations, knows little about most of the investors. Under its regulations, the agency must approve the management contracts between outside companies and tribes. But a billion-dollar loophole allows tribes to retain companies under consulting agreements without the NIGC's approval. Neither the companies, their investors nor the consulting terms are subject to the commission's review. A Department of the Interior investigation in June 2001 showed that there were 332 Indian gaming operations, from firehouse bingo games to full-scale casinos...
Military action against Iraq will reduce the chance that we will have to go to war with Iran or North Korea. Rattled by a lively pro-democracy movement, Ayatollah Khamenei and his cohorts know that only through their control over the military can they retain control over a people who despise them. But in comparison to the Arsenal of Democracy that will set up shop next door in Iraq during and after a war, their trump card looks like playground equipment and they will have no choice but to adopt a more pro-American outlook. Similarly, war against North Korea...
...local prosecutor in Virginia Beach, Va., announced a similar plan: no new prosecutions of misdemeanor domestic-violence cases. "I deeply regret that the victims of domestic violence will not have a prosecutor on their side, while the defendants will be able to retain their own attorneys or have attorneys appointed for them if they are considered indigent," said commonwealth attorney Harvey Bryant, a Republican. "I can't afford to do everything." A spokesman for Governor Warner called the move by Bryant, an elected official, unfortunate, adding that "to throw out the whole category of domestic-violence cases is irresponsible...
This kind of result plays right into the hands of those who deride ballot initiatives as worthless reflections of an uneducated public’s selfish, shortsighted urges of the moment. If voters are not, on the whole, intelligent or thoughtful enough even to retain the memory of one piece of propaganda’s message when they come across another a few minutes later, how can they be trusted with anything? These are, after all, the same people who almost passed Massachusetts’ Question 1, a binding referendum which would have eliminated all state income...