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The phrase "fiasco for" is grammatically correct and commonly used in written English.
It is typically used to describe a situation or event that is a complete failure or disaster. Example: The company's new product launch was a fiasco for the marketing team, as they failed to reach their sales targets and received negative reviews from customers.
Exact(59)
The deal was a fiasco for Tyco.
The Ukraine project was a fiasco for Vladimir Putin.
The deal was a fiasco for the employees.
Liberalisms troubles with national security date to the Vietnam War, a fiasco for which a liberal administration was originally responsible.
The decline in the price of the stock has been a fiasco for Mr. Allen.
It was a fiasco for the newspaper, and Tierney was in the middle of it.
The night was a fiasco for the Yankees for those reasons and more.
The Cardinals are up by 3, and this inning is smelling like a fiasco for the Rangers.
The Black Sox Scandal, as the fix came to be called, was a fiasco for the players.
She faces a Commons confrontation over the fiasco for the third day running when Labour mounts an opposition-day debate.
Similar(1)
"Throw in the Bear Stearns/Maiden Lane fiasco for good measure," he said.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com