Word: chase
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...year rule was posited as long ago as 1899, when Psychological Review ran a paper saying it takes at least that long to become expert in telegraphy. The modern study of expert performance began in 1973, when American Scientist published an influential article by researchers Herbert Simon and William Chase saying chess enthusiasts had to play for at least 10 years before they could win international tournaments. (Bobby Fischer was an exception; he played for nine years before becoming a grand master...
...five films nominated for Best Picture received at least one Oscar. Flanking No Country, Michael Clayton and Juno, the period drama Atonement nabbed a prize for music and There Will Be Blood took the Cinematography award. The big prize went, as expected, to No Country - Oscar choosing a steely chase film over warmer, more comforting fare - though for most of the ceremony there was some suspense as to whether it would come from behind at the end to win the most Oscars over the early leader: The Bourne Ultimatum, which had taken three early statuettes for Sound, Editing and Sound...
...Vantage Point is a wan title for such a bustling movie. (Since it's William Hurt in the terrorists' gun sights, it could be called Kill Bill.) But if it hints at the title of a famous 1970 car chase movie, Vanishing Point, that makes sense, since the new film argues that terrorists can be tracked down not by super-sleuthing or political back-channeling, but because of the fanatically assured driving skills of a lone government agent. The film also has echoes of a few other cluttered frescoes that play out in a limited time-frame: Vantage Point, reduced...
...free to raise prices on existing customers at any time and for any reason is tied to deregulation, which began in banking in the 1970s and effectively eliminated caps both on interest and fees. Thanks to mergers and consolidation, the top six card issuers?Bank of America, JPMorgan Chase, Citigroup, American Express, Capital One and Discover?now float about 75% of all outstanding credit-card debt, according to The Nilson Report. Consolidation allows competitors to be less competitive: from 1995 to 2005 the average late fee soared 162% from $12.83 to $33.64, according to CardTrak.com. Fees now account...
Although the industry continues to defend its "risk-based pricing", which it says has made cards more generally available, the voluntary changes from Chase and Citibank (which eliminated its universal default clause in 2007) show a new willingness to curb some of the more controversial practices. "They are kowtowing to political pressure," says Frank Braden, an equity analyst at Standard & Poors. Adds Levin, "They take it very seriously. I think they are very nervous...