This contributed to the downfall of Lehman Brothers, which failed in September 2008, prompting it to file for bankruptcy, the largest such filing in United States history.
"If the intelligentsia is not married to morality…" Then Holbrooke launched into a jeremiad about the downfall of America, which Twain (or Holbrook?) had compared a great machine whose belt has slipped, but still goes on.
Just as Jeremiah had tried to repress the false hopes that the residents of Jerusalem harboured concerning the downfall of Babylon, which had been predicted by the popular nationalistic prophet Hananiah (Jeremiah, chapter 28, verses 5 17), Ezekiel attempted to quash the ill-founded aspirations of the exiles for an immediate return to Jerusalem.
Such guarantees played a significant part in the downfall of Phillips, which had to pay out tens of millions of dollars to sellers when numerous works failed to fetch as much as their guaranteed price.How ironic that, having criticised Phillips at the time, both Christie's and Sotheby's are now competing with ever-higher guarantees of their own, in the manner of a losing gambler doubling up.
This real-name rule may prove to be the downfall of Weibo, which has a Twitter-like role in China despite being submitted to constant and increasing censorship.
In the last few months alone, we've witnessed the downfall of Sears, which filed for bankruptcy after over a decade of ownership by ESL investments, a hedge fund.
Recall costs so far have pushed the company into the red for three years, and Monday's bankruptcy filings marked a low point of a slow and steady downfall of Takata, which was founded as a textiles company in 1933 that used its weaving technology to make lifelines for parachutes.
It may also be possible to grow clinically derived samples, hitherto difficult to sustain, using osteopontin and so use it as a vehicle in the downfall of cancer, which would be a fitting role.
There were many failures by the Kaplans here that caused their downfall, not the least of which being that the transactions were poorly planned and worse executed (with little or no documentation), and then Marvin apparently showed up for trial about as poorly prepared to testify on key issues as a witness might be.
In Australia the downfall of the dingo, which has been largely pushed out of the country's eastern and southern states, has had a number of detrimental effects.
At the height of the financial crisis, the industry wreaked havoc on Wall Street and nearly caused the downfall of the American International Group, which had sold billions of dollars in troubled credit default swaps.
