In a telling move, a new Lloyd's syndicate is being launched by AIG, a hard-nosed American insurer that never passes up a buck.Lloyd's itself is belatedly adopting business practices with which private companies have long been familiar.
About that "661 compliance committee," on which the U.S. has a seat and to which the secretary general now wants to pass the buck: a U.S. official familiar with its operation tells me that "its purpose was formally to approve what the U.N. staff recommended.
"It's really Australia trying to pass the buck in a form of outsourcing to Malaysia," she said.
They are self-serving – they do not want to be responsible for negative events, so they pass the buck to a bewildering array of quasi-non-governmental organizations (QUANGOs), which pass the buck between each other, to avoid the responsibilities of oversight and investigation, lest they come to share the blame with the subjects of complaint.
The plebiscite was a way for Turnbull to avoid ruffling the feathers of the harder-right members of his government, letting him pass the buck onto a public that had already given their mandate for change.
"Instead of offering up concrete plans to solve these issues, Senator McCain offered up the oldest Washington stunt in the book: you pass the buck to a commission to study the problem," Mr. Obama said.
"Instead of rolling up their sleeves and getting to work, current board members are poised to concede defeat and pass the buck to a bankruptcy judge.
His department had the power to file charges and bring the case to trial, but prosecutors defer to grand juries when they want to pass the buck for a controversial decision.
At a big company, you can easily pass the buck, but as an entrepreneur, it's up to you make things happen and keep things happening.
"It looks like you're waffling and trying to pass the buck," said Bill Ward, a member of the Committees of Correspondence, an organization monitoring the bankruptcy.
