Word: base
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Since assuming the governorship in 2003, Granholm has moved to broaden Michigan's industrial base into such areas as energy and robotic technology - an effort that aims to tap into the skills of the state's sizeable population of scientists and engineers. "For 100 years, we've been focused on the automobile," says Granholm. "So we have an identity crisis." (See pictures of the remains of Detroit...
...measures would require banks to boost their capital base and put strict limits on the extent to which they would be able to leverage their balance sheets. They would also require banks to keep a portion of the loans they sell as asset-backed securities to ensure that they have a stake in what happens to those loans. Some regulators including Britain's Turner are calling for big financial institutions to have "living wills" that would enable their activities to be wound up in an orderly manner in the event they failed, thus avoiding the sort of panic caused...
...first time, some 600 prisoners held at Afghanistan's Bagram air base will be able to challenge their indefinite detention before a military review board. The change comes after months of protests within the prison's walls over a string of reported abuses--including the 2002 deaths of two inmates at the hands of U.S. troops. The International Red Cross praised the policy change, although other human-rights advocates argued that the new guidelines do not go far enough. Detainees are currently not allowed to meet with lawyers or have access to the charges against them. Under the new rules...
...always distressing to see a slew of gray- and white-haired heads in front of FlyBy—and very few young people. It is also distressing to hear one's hometown classical music station begging for donations, explaining (subtly but not) that their fundraising base is literally dying...
...that the BSO is offering $20 (i.e. dirt-cheap) tickets for people under 40, don't judge. Like newspapers, symphony orchestras either have to beg on their knees for young people to dish out at least some money, or they may die along with their patronage base...