Adani said the report was riddled with "flawed assumptions" about financing and did not take into account India's demand for coal.
To compound that inequity with a flawed local government finance review – potentially casting provincial cities and towns further adrift – doesn't bear thinking about.
The federal government's latest effort to test and clean hundreds of residences in Lower Manhattan that were exposed to toxic dust from the collapse of the World Trade Center is seriously flawed and inadequately financed, according to a report released yesterday by the Government Accountability Office.
This helps to explain why Spanish tax receipts as a share of GDP will be over five percentage points lower in 2012 than in 2007, the biggest drop in the European Union.Second, Spain's ability to get its national finances under control has been compromised by a flawed system of regional financing (see chart 2).
We will also be urging our elected officials to rethink the flawed legislation's capped financing structure for Medicaid that would cut $839 billion – nearly 25percentt – from the program over ten years.
A flawed system of municipal finance is driving debt, corruption and dissent, while unsustainable urban planning has yielded polluted cities that are destroying China's ecosystem.
Mr. Paulson, an expert on China, writes: "A flawed system of municipal finance is driving debt, corruption and dissent, while unsustainable urban planning has yielded polluted cities that are destroying China's ecosystem.
Society may be on a seriously flawed path if it uses traditional finance tools and current market prices without taking into account what economists call "externalities".
Enormous though the cost of bailing out the banks has been, there is nothing inherently undeserving about finance; even in their flawed state, more liquid markets have brought huge benefits to the rest of the economy.
The core problem with the disputed C.D.O., and other structured finance transactions, was that "investors relied on flawed assessments of risk," Mr. Egan said.
Despite the flawed underpinnings of this extreme free market view, apartment finance could be held hostage as the debate rages.
