Abyss in example sentence
Of this amount, around $2 billion was received by the five best-paid individuals, who were also central to creating the highly risky asset structures that brought the financial system to the edge of the abyss: Sandy Weil (built Citigroup, which blew up shortly after he left);Hank Paulson (greatly expanded Goldman Sachs, lobbied for allowing more leverage in investment banks, then moved to the US Treasury and helped save them);Angelo Mozilo (built Countrywide, a central player in irresponsible mortgage lending);Dick Fuld (ran Lehman Brothers into the ground); and Jimmy Cayne (ran Bear Stearns into the ground).