Bad loans were ballooning, costs were skyrocketing, and warring fiefdoms from its three merged banks were resisting change. |
When he abdicated his throne, the Princes were each given their own fiefdoms. |
But with old rivalries running deep and half the country still carved into de facto fiefdoms, it isn't easy to divvy up power, government posts and mineral spoils. |
We recognized early on that it's easy to wind up with a lot of independent fiefdoms that run and operate without very much leveraging of one another's resources. |
We have handed over governance of this country to the private fiefdoms of the unions, the lawyers and the lobbyists. |
It has shown what happens when unelected officials run their own fiefdoms with little regard for democratic accountability. |