Sentences with phrase «bureaucratic malfeasance»

Bear Stearns is trading at $ 6 instead of $ 2 because unelected bureaucrats went beyond their legal mandates, delivered a windfall to a single private company at public expense, entered agreements that violate the the public trust, and created a situation where even if the bureaucratic malfeasance stands, the shareholders of Bear Stearns will either reject the deal or be deprived of their right to determine the fate of the company they own.

Not exact matches

June 16, 7:57 a.m. Updated President Obama kept the focus of his first Oval Office address on the prime issue at hand — restoring public confidence in his administration's handling of an unfolding environmental calamity triggered by corporate malfeasance and bureaucratic negligence.
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