Associated Newspapers said it feared its reputation could be tarred by evidence given anonymously.
Since then, ports have been upgraded, roads tarred, and red-tape at border crossings trimmed.
None of the other institutions tarred by the crisis are so closely tied to Bernie Madoff.
To sympathise with their cause is to risk being tarred with the same brush.
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The scandal has tarred the cancer charity Livestrong that he founded and blown his endorsement deals.
But if history is any indication, this year's crop of scandal-tarred celebrities will bounce back--if they haven't already.
Their director David Nicholson told BBC News that all firms should not be tarred with the same brush.
After all, those tarred by scandal and criminal wrongdoing are a tiny minority.
Slums are being cleared, roads tarred, electricity extended, houses, clinics and universities built.
The number two player, Aon, may get tarred in Spitzer's investigation, but number three Willis Group is poised to pounce.
Among the favourites is a former mayor of Caracas, Claudio Fermin, who also has been tarred with charges of corruption.
Like other successful community bankers across the country, Bass believes that the mega-banks have been hopelessly tarred by TARP taxpayer funds.
"I might be tarred with the same brush as the others, and I've got no way of defending myself, " he says.
It is tarred neither by a reverence for the heroes, nor by caricature, for he is a fair and nuanced writer.
There is a double standard at work, argues Mr Jones, whereby Britain's entire working-class is tarred by association with its worst members.
We are respectable people who are being tarred with the same brush.
What's painful for the king and his countrymen is that Jordan is being tarred by the instability in the rest of the region.
He has also been tarred by scandals, such as questions about city credit-cards and why the city leased a nice car for his wife.
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Thus, while most emerging markets have suffered heavy losses, it is unfair to say that they have all been tarred with the same brush.
Mr Alam said Bingham was generally a nice area with a good reputation and it was a shame it had been tarred by their experiences.
Northern MPs argue that the problem is partly one of image: their party is seen as too southern and wealthy, and tarred by its history.
Medicine salesmen were frequently tarred and feathered or given involuntary cosmetic surgeries when their clients caught up with them when coal tar was used in medicines.
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There are parallels with Geraldine Ferraro, America's Democratic vice-presidential candidate in 1984, who found herself tarred by the controversial business relationships of her husband, John Zaccaro.
The TRF said it was a respectable group being tarred with the same brush as off-piste "hoodlums" over its desire to use unsurfaced Peak District lanes.
Those claiments would then feel they may as well try for something they have an interest in and would stop all unemployed being tarred with same brush.
And he did it by brilliantly executing thousands of complicated trades in the very assets that were tarred as toxic in the 2008 financial crisis: subprime mortgage-backed securities.
Indeed, the latter fear has tarred refugees the world over.
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Goldman should be tarred and feathered over the 2008 meltdown.
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