Ah! well a-day! what evil looks

Had I from old and young!

Instead of the cross, the Albatross

About my neck was hung.

This, thus, gave rise to the modern-day phrase albatross around the neck or across the back, meaning metaphorically a heavy psychological or moral burden that’s difficult to shake off.

Phew!

Alright, here are media examples:

1. J.T. Battenberg, chief executive of Delphi, laid it right on the line in a recent speech to his peers at an automotive industry conference in Traverse City, Mich. “There's a ‘perfect storm’ facing the automotive world,” Battenberg said. “Hyper-competition, deflationary OEM pricing to the consumer, breakneck globalization, tough environmental and efficiency mandates, stifling regulations, exploding peripheral costs, imploding profitability, massive overcapacity, rising pension costs, rising health care costs and runaway commodity-price increases--particularly for steel and resins--are all critical issues that continue to shake our foundation. This business is not for the faint of heart.”

Battenberg conceded that to survive Delphi and its competitors would have to rethink their business models. Since Delphi, with $28 billion in annual sales, is the largest parts supplier to General Motors, and because the auto industry is at the heart of U.S. manufacturing, his warning seems to apply across the board to many industries.

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