IndyMac needed rescuing because, like the Cypriot bank, it placed a large bet just before one of the biggest recent credit disasters.
Expect a second tidal wave once the ratings agencies, embarrassingly tardy at spotting credit disasters in recent years, finally push GM issues into junk status.
German policy makers and the German public will not do well in the event of a major sovereign-credit disaster.
Since you will be able to jump from item to item with the greatest of ease from your cozy seat, not having a list risks leading you down the path of credit card disaster.
Godard's film told us that the world was doomed and then cut to the credits before disaster struck.
Mr. Jones credits a disaster relief site in Rutherford, N.J., with allowing the firm to resume investment management of more than $400 billion.
The chancellor has long regarded IDS as basically a bit dim and his ambition to reform welfare by introducing a universal credit as a disaster on stilts.
Insiders reckon universal credit was a disaster waiting to happen, and the first extraordinary thing is that such a huge project was, like those other political minefields of NHS and schools reform, entirely devolved by No 10 to departmental ministers.
