Word: cautionings
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...currently have little protection from powerful locals who use practices frowned upon in the West - such as sales of stock to insiders at below-market prices and reverse stock splits - to squeeze out small shareholders. "One shouldn't get caught up in the emotion of a political fairy tale," cautions William F. Browder, who runs Moscow-based investment firm Hermitage Capital Management and says Ukraine is about five years behind Russia in terms of investor-protection legislation. "There are serious legal and financial issues that need to be resolved before Ukraine becomes an attractive place for foreign investors. Anyone...
...Summers, where Robert E. Rubin ’60, his predecessor at the helm of the department, trained him in the art of diplomacy. Rubin, known among reporters as an impeccably polished leader, taught Summers how to watch his mouth, treat people with sensitivity, and approach potential controversy with caution. Never again would Summers allow himself to be caught with his name next to anything like the “infamous World Bank memo,” a leaked internal document about the dumping of toxic waste that made him an army of enemies back...
...world financial markets hinge so dramatically on the Treasury Secretary’s words that extreme caution is necessary whenever the public or the press is within earshot, according to Murray. One wrong word could send the dollar into a tailspin or destroy a foreign economy. Paul O’Neill, for example, Summers’ successor at the Treasury, single-handedly caused the collapse of the Brazilian real when he said the country needed to guarantee that aid money “doesn’t just go out of the country to Swiss bank accounts...
...environment simply called for greater caution and more attention to political correctness, and the diplomacy he learned from Rubin, while effective at the Treasury, was still insufficient for Harvard...
...Hospital in Boston, the principal investigator, isn't ready to say that everybody should take 1,000 micrograms of folate a day. He wants to see his findings confirmed in a large, randomized trial in which half the subjects take the supplement and half take a placebo. Other scientists caution that early studies suggesting that large doses of vitamin E protect against heart disease haven't panned...