Word: behaviorism
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...Hedge funds practice such risky behavior because there are effectively no consequences for them. If hedge funds have fewer than 100 investors, or investors worth at least $5 million each, they are exempt from the Securities Exchange Commission Act of 1934 and the Investment Company Act of 1940. By avoiding this legislation, hedge funds do not have reporting obligations or leverage limitations...
...when the fund collapses. However, it is hard to pity the imprudent investors of fledgling funds. As the past six months have revealed, the more serious loss is the effect on the entire real estate market and the world economy. Investors around the world are paying for this reckless behavior motivated by the unsupervised greed that courses through the veins of subprime lending...
...Brother wants a word. The disembodied voices of authority offering advice and warnings that now issue as if from thin air in the hardscrabble east London borough are, in fact, talking CCTV cameras - the latest high-tech weapon in the war on littering, graffiti, vandalism and other antisocial behavior. Sixteen of the borough's 84 surveillance cameras have been wired for sound, making London's first video monitoring network with a broadcasting capacity. A second borough, Southwark, will soon adopt the same system...
...vocal cameras, she says, assure residents that the council is "actively managing the [borough's] open spaces ... so for us, it's actually far more open than a Big Brother scenario." Barking's cameras mostly transmit such prerecorded spiels as: "CCTV is in operation in this area and antisocial behavior will be reported to the police." Another message reminds folks to keep an eye on their valuables. Eventually, the council wants to run contests to pick school children to voice some of the messages...
...system can also operate live, in real time. CCTV operators, keeping a vigilant eye on a bank of 39 monitors in their windowless office, can ad lib broadcasts, asking people, for instance, to pick up the litter they've just dropped, or warning them that their behavior's unacceptable...