Word: bolds
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...really big, bold change envisioned in the Obama plan is the creation of a Consumer Financial Protection Agency that would take over the drafting and enforcement of consumer financial rules from the banking regulators. This is a move proposed two years ago by Harvard Law School professor Elizabeth Warren, who is now chairman of the panel overseeing the Treasury Department's bank bailout. "It is impossible to buy a toaster that has a one-in-five chance of bursting into flames and burning down your house," Warren wrote in the journal Democracy in 2007. "But it is possible to refinance...
...hard to imagine the financial crisis of the past two years being anywhere near as damaging if lenders had simply been banned from extending home loans to people who couldn't afford to repay without either selling their houses or rolling over into new loans. So maybe this one bold change will be enough...
...four emerging world powers in Brazil, Russia, India and China. With the SCO and BRIC meeting at the same place, much of the non-Western world's geopolitical muscle is now rubbing shoulders in the shadow of the Urals. And the Iranian President, who never shies from making bold pronouncements, was not going to miss an opportunity to let loose his usual rhetorical flair. Soon after landing, Ahmadinejad launched a broadside at the fortunes of the West, especially America's, in the wake of the ravages of the global recession and the military quagmires in Iraq and Afghanistan...
...Michael Rapino, chief executive of Live Nation, said this is no time to be getting in the way of business. "Every day, we are watching great American companies fail," he said. " These economic times require bold, fast action to innovate and grow...
...Harvard can be proud of its bold new initiatives in the sciences and engineering, and of course many of us dream of new initiatives in the Humanities as well. But will our dreams land in bucket one or even bucket...