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renege

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After almost a century of asking employees for loyalty, hard work and dedication to a corporation in exchange for a guaranteed monthly check during retirement years, corporate America is in a bull-rush stampede to renege on its promise.
The tentative settlement was reached the day before Murdoch was scheduled to be deposed in the case and less than three weeks before a Delaware Chancery Court judge was to begin hearing arguments over the company's decision to renege on a pledge to seek shareholder approval before extending the takeover defense plan.
If you can suspend enough disbelief to think that two popes will commit suicide, contemporary cardinals will commit murder and mayhem, and the Catholic church will renege on previous teachings and allow abortion, priests to marry, negate papal infallibility, and condone nearly all other matters that would fall under the heading of sin--then you can go ahead and enjoy an otherwise suspenseful tale of intrigue.
 
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