Word: callings
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...case is sending ripples throughout the world of hedge funds, a stratum of high finance that has thus far been largely untouched by the post-meltdown regulatory scrutiny and populist outrage directed at mainstream banks. "This case should be a wake-up call for Wall Street," U.S. Attorney Preet Bharara said in announcing the charges. Indeed. While many hedge funds wouldn't know what to do with inside information if they tripped over it - the strategy at quantitatively oriented shops often fixates on building better computer models - plenty of others ply their trade by working the phones and calling...
Wrinkles face such reforms, most notably the veto question. Though we call for the expansion of permanent membership, we do not believe that new permanent members should automatically receive the veto vote currently held by all ten permanent members. Such weighty power of office should be granted to countries depending on their relative power and ability to intervene in world conflict. The veto helps keep major powers such as Russia from conducting military actions unilaterally against the other council members—new members to whom this condition applies would have to be considered for a veto vote...
Their opinion: a video link does a pretty good job of replacing an in-person meeting - and in a way that a phone call can't. "If you see facial expressions and body language, you have a different sense of what a person is saying," says recruiting manager Christa Foley. Now, instead of flying out 20 finalists for a job, the company first screens with Skype and then brings in only the best two or three candidates. (See 10 ways Twitter will change American business...
...fear of getting in trouble. On Oct. 16, Larimer County sheriff Jim Alderden announced that he was "convinced" the parents were telling the truth about thinking their son was truly in peril; so were many other people when they heard the frantic father and sobbing mother on the 911 call. But this time it may have been police who were laying the bait, winning the family's confidence by appearing to believe them, even as they lured them toward confession. (See the top 10 literary hoaxes...
...Driving the call for more stimulus efforts is the unemployment rate, which now sits at 9.8%, and is expected to rise into next year, even though the recession may have already officially ended. Republicans, who have long been critical of the $787 billion stimulus that passed in February, are likely to support some, if not most of these new spending programs, in part because they are politically popular. Texas Republican John Cornyn, a vocal opponent of the February stimulus, said recently that he was in favor of some more federal spending efforts. "I think there are things we need...