Word: ruinous
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Dates: during 2000-2009
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...trying even when the plan ultimately failed, as it did this week. But Reid seemed not to have considered, or cared about, the collateral damage: forcing moderate Democrats such as Blanche Lincoln of Arkansas to cast a procedural vote in favor of the public option that could prove ruinous to their own careers - and to the party's majority...
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...
...That fear also pervades the refugee registration centers, where few are willing to openly denounce the Taliban's brutality. Instead, there are fierce criticisms of the army's earlier operations, the ruinous peace deals that it left behind and its role in the creation of these factions. "I don't like Baitullah Mehsud at all. He caused all this to happen in the first place," says Dilawar Khan, 50, a teacher from Kotkai village. "But who made these Taliban? It was the army...
...Islamabad's decision to launch the offensive against Mehsud signals a deepening of Pakistani resolve against the militants. The army has targeted the Taliban leader on three separate occasions - in 2004, 2005 and 2008 - but walked away each time after signing ruinous "peace deals" that have only served to embolden Mehsud. But the military appears more determined this time. It also enjoys the backing of a government that has gained public support as the recent wave of terrorist attacks has heightened revulsion against the Taliban. (See pictures of refugees fleeing the Swat valley...
...While “Harvard is Rich: No Layoffs,” might seem an unconvincing oversimplification, efforts to force the administration to recognize layoffs as ruinous events in individual lives rather than mere statistics have a place in this debate. That those individuals may be recent immigrants with limited education makes it more urgent. A publicly traded company has a fiduciary duty to its shareholders—by law, it must care only about their good; a nonprofit organization has made a commitment to be run for the general social good. As such, the meaning of this goal...