Word: chief
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Dates: during 2000-2009
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Sounds awfully logical. So why haven't we stuck it to these guys? Because we're afraid they'll panic. "Unfortunately, we've built a system where if you hammer those guys hard, you're going to have a global credit collapse," said Simon Johnson, a former chief economist of the International Monetary Fund who teaches at the Massachusetts Institute of Technology and whose blog, Baseline Scenario, has become essential reading for crisis buffs. The Federal Reserve and Treasury left creditors at Lehman Brothers adrift in September, and the repercussions were so dire that regulators resolved not to let such...
...have been dashed, leaving the tigers with excess manufacturing capacity and a burgeoning army of unemployed workers. At Taiwan's Hsinchu Science and Industrial Park, home to many of the island's flagship tech firms, most workers are taking unpaid leave at least one day a week. Ryan Wu, chief operating officer of the job-search website 1111 Job Bank, says conditions at Hsinchu have never been so dire. "There's extreme panic right now," Wu says...
...brainstorm a radical shift in strategy: they would abandon business as usual by embracing Big Business. The wombat program had operated on a shoestring budget for years, and millions were needed to establish the second colony. "To do this properly, we need the big bucks," said Queensland wildlife-conservation chief Rebecca Williams, sitting at a table outside the ramshackle trailer that serves as the camp's kitchen and makeshift lab. "So think differently...
Branding endangered species rankles some greens, but Michael Bean, chief of the Environmental Defense Fund's wildlife program, sees it as a positive trend as the list of imperiled animals grows and other funding falls. "Potentially, it can do a lot of good," he says, "as long as there are no strings attached." Australia's Treasury Secretary, Ken Henry, spent a month with the hairy-noses as an Epping caretaker. "It's absolutely terrific what Xstrata has done," says Henry, an ardent conservationist. "There's opportunities for other corporates to get involved with other species." Memo to Tasmanian devil...
...health carried through to his life outside the hospital, leading him to form a youth group at his church to address teen issues such as sex, drugs, and alcohol. “His quiet, gentlemanly ways will be greatly missed,” Children’s Chief Executive James Mandell wrote in a message to staff Tuesday afternoon. Shannon is survived by his wife, Elaine, and two children, Evan and Lila—bothundergraduates at Stanford University. —Staff writer Noah S. Rayman can be reached at nrayman@fas.harvard.edu. —Staff writer June...