Word: ruinously
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Dates: during 2000-2009
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...less convincing in less pedigreed parts. She won Golden Globe and Independent Spirit awards for The Deep End, as a middle-class mother frantically trying to protect her son and the status quo. And she's scary-good as two underclass drabs: a fishwife having a torrid, ruinous affair with Ewan McGregor in Young Adam, or Bill Murray's ex-girlfriend, now trailer trash, in Jim Jarmusch's Broken Flowers. (She also has a few moments in Jarmusch's new film The Limits of Control...
...Last week, however, the p.r. team went on the attack. It came on the eve of ex-chairman Maurice (Hank) Greenberg's congressional testimony critical of the firm's current leaders and the bailout strategy. Reporters were given a document outlining Greenberg's role in creating a ruinous AIG unit and his 2005 ouster. A press release questioned why he should have "any credibility." Ashooh said the document was prepared internally, not by p.r. firms, and was intended to correct "misinformation" spread by Greenberg...
...populist superstar of Fox News has made a refrain of predicting that government policies are leading to disaster - dark, ruinous, blood-in-the-streets kind of disaster. Pausing for a 17-minute speech rebutting his critics for calling him "dangerous" and "crazy," he took out the block-tower game. On opposite sides of the tower were written the words solution and problem, taxpayer and children. Then he spent much of the hour critiquing the plan, all the while pulling pieces from the wobbling tower and stacking them on top. (Read an interview with Glenn Beck...
Although the hedge-fund industry has long relished the light touch of lawmakers and financial regulators, a new era is dawning for largely unregulated financial institutions, and rightly so. The huge systemic risks associated with hedge funds and other unregulated firms in the financial system have a ruinous potential in our economy. Yet these bodies have been allowed to operate with a minimal level of oversight for years. Treasury Secretary Timothy Geithner’s call for an expansion of financial regulation and increased transparency faces a long struggle through Congress but will prove a crucial framework for promoting future...
...Which raises the question, one that trade economists have to answer every 10 years or so: If protectionism is so ruinous, why does everyone reach for it in tough times? To answer that, you have to go back to why trade is good for you. The idea that an exchange of what you have for what I have makes both of us better off must be as old as the first moment anyone swapped cowrie shells for some cooked fish. Organized trade is ancient: silk did not get to Rome because the Romans figured out sericulture; someone imported it from...