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Word: fiasco (lookup in dictionary) (lookup stats)
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...election itself was a fiasco. The Sandinistas were accused of vote-rigging, and days of violence followed the closing of the polls in Managua. Instead of finding atonement in politics, Arguello found controversy and ridicule. He was accused of winning by fraud and lampooned as a bumbling fool. The media dubbed him the "mayor appointed by the Supreme Electoral Council," and insinuated that his office was incompetent and corrupt - charges that would have felt like a low blow to a man who had prided himself on his transparency and ability to get things done...

Author: /time Magazine | Title: How Politics Took Down Nicaragua's Boxing Champ | 7/13/2009 | See Source »

...Iraqi government balked at the Baghdad terms. The only contract signed was a 20-year deal for a consortium led by BP and China's National Petroleum Corporation to develop the giant Rumaila field in southern Iraq. "Frankly I did not think it would be such a fiasco and embarrassment for the government," says Rochdi Younsi, Director of Middle East and Africa for the Eurasia Group in Washington. "It shows the level of disconnect between the Ministry of Oil and the oil companies...

Author: /time Magazine | Title: The Reasons Behind Big Oil Declining Iraq's Riches | 7/2/2009 | See Source »

...Speculation that the Google attack was a method of distracting attention from the Green Dam fiasco intensified after a report emerged that Silicon Valley-based Solid Oak Software had sent cease and desist orders warning computer users not to use the Green Dam software, which it said copied parts of one of its programs...

Author: /time Magazine | Title: Chinese Government Attacks Google Over Internet Porn | 6/22/2009 | See Source »

...library community recalls with horror the pricing fiasco that occurred when industry consolidation left academic journals largely in the hands of five publishing companies. The firms hiked subscription prices 227% over a 14-year period, between 1986 and 2002, forcing cash-strapped libraries to drop many subscriptions, according to Van Orsdel. "The chance of the price being driven up in a similar way (in the Google deal) is really very real," she says...

Author: /time Magazine | Title: Librarians Fighting Google's Book Deal | 6/17/2009 | See Source »

...Tell that to the Boss, Mr. A. "The abuse of our fans and our trust by Ticketmaster has made us as furious as it has made many of you," Bruce Springsteen said after a ticket fiasco in New Jersey in February steered buyers to a secondary market the company owns where tickets were being hawked at up to five times face value. The Boss was so ticked off, he went on to cast his vote against the merger, fearing a music monopoly. (Read a brief history of Ticketmaster...

Author: /time Magazine | Title: Ticketmaster, Live Nation: Obama's Antitrust Test | 6/10/2009 | See Source »

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