Word: blaming
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...Kakarak incident remains something of a mystery. American investigators found no bodies among the debris, though locals insist that's because the dead were buried quickly, in accordance with local custom. The Afghans blame the Americans for overreacting to celebratory shooting at the wedding; the Americans maintain that the AC-130 was responding to enemy fire...
...will have to learn about them secondhand. And maybe that's the appeal of the sea tale: it's the closest we will ever get to the riddle of the deep, a glimpse of a life--and, often, a death--we will never know. And who can blame us? There's nothing like a salty sea story to remind us how solidly appealing dry land really is. For all his talk of the ocean and its cosmic mysteries, after six months on a whaleboat even Melville jumped ship, trading his cold, wet hammock for a warm, tropical beach--and, surely...
Chairman Carl Levin of the Senate's Permanent Subcommittee on Investigations (which prepared the study) also blasts directors for "failing to acknowledge" their share of the blame for Enron's collapse. A lawyer for the board said directors were "misled" and that the report is "very unfair," but it will be welcome news to shareholders seeking billions of dollars in compensation from Enron; they could get a legal boost from the 60-page document. The bipartisan study also raises the likelihood that onetime Enron board members will come under renewed pressure to resign directorships at other major corporations like Lockheed...
...drumbeat of news about sleazy boardroom behavior has given investors someone to blame--fairly or not--for the money they have lost in stocks over the past two years. Seizing the moment, politicians are undertaking what could be the most sweeping structural reforms in the business world since the 1930s. The N.Y.S.E. has proposed stiff new rules for boards of directors, and the SEC has proposed changes in accounting and auditing procedures. The SEC has already imposed new rules to stamp out conflicts of interest among stock analysts...
...received your home-insurance bill this year, you're probably surprised at how much it has gone up. Why? Don't blame Osama bin Laden. The reasons for the increase range from household mold to the sagging stock market. During the first half of the '90s, average annual premiums held steady at about $420, then crept up at about the rate of inflation. That all changed last year, when rates shot up 6%. This year industry analysts expect a rise of 7%--three times the increase in overall consumer prices. Increases will range up to 10% in Washington State...