imprudence

Critics say this "financial imprudence" has drained much of the country's economic resources and created unprecedented levels of debt that have crippled the economy.

A former restaurant tycoon turned mercenary leader, Prigozhin was done in by some of his most famous traits—brazen imprudence, overweening self-confidence, and blithe gullibility toward his own P.R.

Prosecutor Laure Beccuau said investigators would seek to “determine whether or not there was failure to respect a rule or individual imprudence that led to the explosion.”

One can debate the level of their imprudence in parking millions of dollars in cash in unprotected accounts, but it does appear that many if not most were not investment plutocrats, but rather executives of tech startups and other companies dependent on that money to launch operations and pay their employees’ wages.

The 2008 banking bailout protected many of the executives whose manifest imprudence created the housing crash that precipitated the financial crisis.