Like the president, Citigroup and Merrill Lynch came with tin cups to Middle Eastern, Asian and American investors last week, for a combined total of nearly $19.1 billion, after the subprime mortgage debacle blew up their books.
The selection amounts to pushing the reset button for the president as he tries to recalibrate an intelligence structure that has undergone continued revamping since the debacle leading up to the Iraq war, yet by most accounts still lacks the cohesion necessary in an evolving war with terrorists.
She insisted that JP Morgan had provided its regulators with a daily account of the profits and losses in the bank's investment office – despite Senate documentation to the contrary and the testimony of a regulator who later directly said she was wrong, and that the bank only provided the daily account after the whole debacle blew up in May.
Urge countries to do as we did with our savings-and- loan debacle: Set up government entities to take over bad loans from the stricken banking system, and make individual depositors whole.
And the provisional budget arrangement that came out of that debacle set up automatic draconian cuts that will kick in at the turn of the year if a new deal is not reached.
In a fundraising email pegged to the ACA anniversary, Wisconsin Gov. Scott Walker, an aspirant for the GOP nomination for president, repeated the party's shibboleth that the ACA is a "debacle" driving up costs and risks, when the raw figures show the opposite. .
Germain produced the savings and loan debacle; freed-up capital flows produced the Asian crisis and LTCM; and now we have the great bust.
The Senate Intelligence Committee has had its say on the debacles leading up to the Iraq war, and America's intelligence agencies have come in for the lion's share of the blame.
Connecticut's Enron debacle may end up as a topic for Senator Lieberman's committee, too.
Hefner endured a similar debacle Wednesday, giving up five runs before he retired his first batter of the game.
