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...plan to close off Europe to managers or funds outside the E.U. that aren't subjected to equivalent regulation - a provision that would kick in three years after the rest of the legislation, giving jurisdictions and managers time to adapt - promises the most significant change. The E.U.'s approach is understandable. If you want to protect European investors, it's no good regulating domestic fund managers if those selling to investors from outside the region aren't obliged to respect similar rules. But while U.S. efforts are underway to bolster the policing of hedge funds - and the meaning of equivalent...
...call their project a "loving" one, spurred by the fact that Leitenberg's family contacted her Facebook friends. Both are quick to say their relatives are not the problem - Brooks Adickman says her parents aren't even "allowed" to join Facebook - but they recognized that others might not be so fortunate. "No matter how embarrassing your mom is, there's someone who's a thousand times worse," Leitenberg says...
...making bombs; James has a genius for finding and silencing them. It's not just his job; it's his vocation. More than that, for him it's fun. If defusing IEDs isn't a drug for James, it's his headiest, most essential adrenaline. Though his mates aren't crazy about his methods--Sanborn sucker punches James in the jaw after one escapade--they'll come to appreciate him. "Not very good with people, are you?" Eldridge says to James. "But you're a good warrior...
...idea that makes sense in theory. And yet no patient wants to believe that his own doctor is this focused on the bottom line. While data indicate that up to 30% of U.S. health-care spending is for unneeded and even dangerous treatments, the truth is that most doctors aren't purposely ordering up tests or treatments just for the cash. "The system is asking them to do what's right for a system that lives off of excess, as opposed to what's right for the patient," says De Brantes. See pictures from an X-ray studio...
...Medical Association, President Barack Obama urged an audience of physicians to get on board with bundled, per-episode care. "You entered this profession to be healers," he said. "Now, that starts with reforming the way we compensate our providers - doctors and hospitals. We need to bundle payments so you aren't paid for every single treatment you offer a patient with a chronic condition like diabetes, but instead paid well for how you treat the overall disease...