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Exact(14)
Losses from poor lending decisions on office blocks, retail outlets and the like by HBOS are a big reason why its shotgun takeover by Lloyds proved so disastrous.
Yet in tense exchanges before the Financial Crisis Inquiry Commission last week, bank chieftains found themselves pressed to explain how so many of their investments proved so disastrous.
By preventing banks from engaging in some practices that proved so disastrous elsewhere, the country "has protected itself to some degree," he said.
Unfortunately his first appointment in the role, Roberto De Fanti, proved so disastrous Short is understood still to be mentally beating himself up about hiring him.
Customized contracts would continue to be privately traded — which could open the door to some of the same below-the-radar transactions that have already proved so disastrous.
It is more efficient for everyone, including the corporate defendant, to deal with one big case than many small ones.So why have class actions proved so disastrous in the first country to introduce them?
Similar(46)
It would also help address the fear and panic that is proving so disastrous in the infected countries.
To this end, and in the name of national security, Mr Bush has been seeking to revive the hostility and suspicion which proved so lucrative until the disastrous events of 1989.
This chase for higher returns may not prove quite so disastrous.
Who knew that letting your female leads behave as Actual Women when confronted with hideous crimes and disastrous relationships could prove so watchable?
"Who knew that letting your female leads behave as Actual Women when confronted with hideous crimes and disastrous relationships could prove so watchable?" The Guardian said of the series, which it called "genuinely gripping".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com