Word: blame
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Dates: during 2000-2009
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...effect, paid from government bailout money. Senator Chris Dodd, who may have had a role in allowing a loophole in a bill which let the AIG compensation slip through, refuses to be cast as the villain who let bankers make more money than they deserved. (See 25 people to blame for the financial collapse...
...when Treasury Secretary Tim Geithner told Bloomberg TV he would release details soon. A senior Treasury department official says the plan isn't slipping, but other government officials say it is and could be unveiled anywhere from next week to early April. (See TIME's top 25 people to blame for the financial crisis...
...easy to spread the blame for this sorry state of affairs. The meeting is being held under the auspices of the G20, an informal grouping that has none of the bureaucratic trappings that can help ensure fine words are turned into concrete action. Reaching a consensus among the U.S, Japan and Europe in the old G7 cartel was hard enough; doing so in the G20, which includes China, India, Russia, Brazil and Mexico, is exponentially harder. It doesn't help that members' interests vary so sharply. China, for example, owns so much U.S. government debt that it's publicly worrying...
...roll my eyes and mutter something about this being a trivial distraction from the Important Things we need to be dealing with. (I suspect that similar sentiments on the part of Geithner and Summers largely explain their politically tone-deaf handling of the bonus affair.) (See 25 people to blame for the financial crisis...
...level can't go higher without collapsing, so the margin for relief effort is tiny. Second, the recession is causing pain worldwide, yet the French are the only ones protesting. The problem may not be Sarkozy." But for now, at least, he's the one France is choosing to blame...