Word: squander
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Ghana's first President, Kwame Nkrumah, was a master of using his office for personal benefit. In six years of increasingly ruinous rule, the self-proclaimed "Redeemer" of Ghana managed to squander his way through the country's entire treasury of $560 million and run up another $1 billion in foreign debts. He built vast and useless public monuments as well as an overpowering presidential palace. To take care of odds and ends, he also accepted bribes in return for government favors...
...from the Harvard University health services. In essence, the students said that they were isolated from real life and denied a big enough voice in curriculum planning and school discipline. Teachers and headmasters, they said, made a point of minimizing racial and cultural differences; and in the process they squander one of the greatest advantages that independent schools can offer. Removed from the tensions of the city, white student and black, Jew and gentile, could learn to live together while respecting and learning from each other's heritage. At Mount Hermon, for example, where 50% of the students receive...
...Radcliffe had unlimited money to squander, its only error in building the coffee shops would be in trying to maintain a status quo that few students want maintained. But when more important fiscal needs cry ou for solution, the building plans are not merely unnecessary but disastrous...
...much money is involved that it seems to nourish corruption. There are adjusters who take bribes to settle cases, plaintiffs who file inflated claims, witnesses who remember the unrememberable, doctors who commit perjury, and lawyers who squander their talents working for contingent fees (30% of what they win for their clients), which now provide roughly one-third of the U.S. bar's total income...
...independent of the industry it covers. Hotz has repeatedly questioned the ethics of aerospace manufacturers' lavishing free travel and entertainment on military people who control defense contracts. "Neither the aerospace industry nor the military," he wrote, "have exhibited much sense in their blatant exhibitions of how they can squander the taxpayers' dollars in public saturnalia designed to make a pitch for individual service." He has also urged commercial airlines to lower their fares and pay better wages to their maintenance crews. Occasionally a company indignantly pulls its ads; sometimes a disgruntled advertiser complains to Publisher Robert W. Martin