Word: terme
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Early on, the majority of people seemed to heap the most blame on barely regulated financial products, like credit-default swaps, which brought down AIG; mortgage brokers and their lax lending standards; and Wall Street bonus checks that rewarded short-term profits over prudent business decisions. Goldman Sachs, too, has come under intense scrutiny since the financial crisis, in part because of its ability to quickly turn around and seemingly profit from the mess...
...don’t really think this little kerfuffle is a federal issue, but we do feel a little bad for George, who was just trying to make the point that long-term performance should be rewarded with long-term compensation...
...last time Harvard issued debt was in December 2008, at the height of the global financial crisis, when it borrowed $2.5 billion to raise cash, refinance risky short-term debt, and terminate certain investment agreements. The move drew heavy media attention and criticism, with a Forbes cover story suggesting that Harvard was in a "cash-raising panic...
...anger is a recent judgment by Malaysia's high court that the word Allah is not exclusive to Muslims. Judge Lau Bee Lan ruled that others, including Catholics who had been prohibited by the Home Ministry from using the word in their publications since 2007, can now use the term. She also rescinded the prohibition order that forbade the Malay-language edition of the Catholic monthly the Herald to use Allah to denote the Christian God. After widespread protests, however, the judge granted a stay order on Jan. 7, the same day the government appealed to the higher Court...
...Critics ranging from Bush Administration officials to former Alaska governor Sarah Palin argue that President Obama should have designated Abdulmutallab an enemy combatant - a term abandoned by the Obama Administration last year - and ordered him held in military custody, to be eventually tried by a military commission. That would have stripped the Nigerian of his immediate right to an attorney and allowed interrogators extra time to question him for intelligence purposes without the hindrance of a Miranda warning...