Word: approaches
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...people are expending more effort - can linger for the better part of a year after a layoff takes place. Especially in situations where layoffs aren't handled gracefully - like those in which employees are brusquely escorted to the door - workers can wind up distracted and rigid in how they approach their job. "At the very time companies need innovation and creativity to have new products and bring in new revenue, people tend to become self-absorbed," says Wayne Cascio, a professor of management at the University of Colorado Denver. "They tend to say, 'I don't want to stick...
...Miller, an analyst at FBR Capital Markets who has written a number of reports on the capital issues of banks, says the only way to solve the problem is for the government to stop buying preferred shares and start taking direct ownership stakes. Of course, the issue with that approach is that the problem at the banks is so large, Uncle Sam may end up owning a good portion of the banking sector. Few seem to want nationalization. Unfortunately, that could be the only...
...Geithner seemed to have struck a deal between the FDIC and the Federal Reserve to roll out a new phase of the bank bailout plan that would include both guarantees and direct asset purchases. The latter plan is favored by the FDIC and is often called the "bad bank" approach, because the government would set up an institution to buy up all the loans or bonds that are backed by borrowers who are nearing or in default. Sources say the FDIC has been against the loan guarantee plan, and only signed onto the Citigroup and Bank of America deals reluctantly...
...Friday, reports surfaced that Geithner was thinking about shelving the bad bank approach for now, and just moving forward with the loan guarantee program. If it does, Washington officials would not be alone. Last week, Britain rolled out its own loan guarantee program as part of that country's effort to help its struggling banks...
Unlike airliners, medical helicopters are unstable aircraft that require constant input from the pilot. They often land in remote desert canyons, on freeways and in muddy farmers' fields, places without precise approach paths, powerful weather-tracking systems or even lights. "In a medical helicopter, you're basically an on-demand taxi," says Blumen, who recently completed a study of 264 medical-helicopter accidents stretching back...