Word: toxicants
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Dates: during 2000-2009
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...idea of clamping down on executive pay before a firm is allowed to take part in the proposed $700 billion toxic-asset bailout program seems eminently reasonable. After all, we're talking about the very well-compensated execs - hello, eight figures - who ran the firms that drove the demand for the securities that caused the problems in the first place...
...Bush EPA just walk away is shocking.' BARBARA BOXER, chair of the Senate's Environment Committee, saying the Environmental Protection Agency bowed to pressure from the Pentagon in its decision not to remove a toxic rocket-fuel ingredient found in the drinking water of nearly 400 sites in 35 states...
...plan are legion, but one irksome feature is that the banks that made the worst mistakes are in line to get the most help, providing little incentive for future managers to mend their ways. And all taxpayers would get for their rescue money is a mountain of toxic loans of highly dubious value...
...bailout of the nation's beleaguered financial markets has become a taffy pull between the Bush Administration and lawmakers from both parties. Many on Capitol Hill believe Treasury Secretary Henry Paulson is seeking too much unregulated cash and power in his effort to stabilize the economy by buying up toxic mortgage-backed securities. He's also asking Congress to lift the ceiling on the national debt to a record $11.3 trillion from the current $10.6 trillion, which could weaken the U.S. dollar, raise interest rates and act as an additional drag on the economy. All that money...
...Despite deep disagreements about how such a turnaround might be achieved, there's one point of unanimity: disunity is toxic. "Divided parties don't win elections," Ed Miliband warned a rally in Manchester. His elder brother, Foreign Secretary David Miliband, declared his loyalty to Brown, but he is seen as the front runner to replace the PM, and relations between the Foreign Office and Downing Street of late have been about as cordial as those between Britain and Russia. And though David Miliband has not done so himself, some MPs have called for a leadership contest, among them Fiona Mactaggart...