Word: act
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Dates: during 2000-2009
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...Japan now realizes the mistake it made back then: failing to act with speed and force. Loose accounting standards had allowed banks to hold soured assets on their books without writing them down to their true market value. This permitted financial institutions that were technically bankrupt to delay taking in fresh capital - a move that would have hurt existing shareholders but would have restored banks to health. The government dawdled for more than half a decade, allowing banks to carry on in a diminished capacity despite the fact that with key lending institutions crippled, the broader economy could not thrive...
...JPMorgan in Hong Kong, says that central bankers may follow Britain's lead by pumping liquidity into their banking sectors and underwriting loans between banks. "The situation is so serious that they will have to deal with it," Mowat says. "The collapse and crash this week means they must act...
...regulatory," he says. Meanwhile, Yeshiva's Levine calls in his journal article for what he describes as "an incentive structure in the workplace that would dissuade people from wrongdoing." He gets quite specific, imagining a "carrot and stick" arrangement. One stick would be an expansion of the Sarbanes-Oxley Act of 2002, which mandated greater accountability for CEOs of publicly-owned companies, among other things...
...Faina is let go, the only chance of learning what really happened may be in Ukraine. After enduring severe criticism for arming all sides in various African conflicts with Soviet-era weapons from its stockpiles, Ukraine, experts say, is cleaning up its act and taking a far greater interest in the ultimate destination of its weapons. "The Ukrainians are keen on parliamentary commissions on illegal arms transfers at the moment," says Paul Holtom, a researcher with the Stockholm International Peace Research Institute's Arms Transfers Project. "One would hope the Ukrainians would follow...
...tanks to simply turn around and return to Ukraine. "Everybody will be following where the tanks go now that this cargo has the spotlight on it," the source says. "I just have to assume that the cargo will have to go back, and they'll have to act like it never happened. I don't think now it's politically possible for South Sudan to take them." So far, Kenya has not produced what would be the conclusive document: an end-user certificate, which would show whether it was keeping the tanks for itself or re-exporting them to Sudan...