Word: concepting
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...Would Teddy Have Approved? Re Joe Klein's teddy awards honoring courage in the political arena: A John McCain regime would have probably finished the job that the Republicans began so well of dismantling the National Parks system [Dec. 29]. This - and the concept that we should protect our national resources - is Teddy Roosevelt's greatest heritage. You really think he'd like McCain? Richard Bagwell, Berkeley, Calif...
Clawing back gains absent fraud--and where there are no preset clawback agreements--is another matter. The concept is foreign to most of Wall Street. Hedge funds generally have only what you might call "claw forwards": high-water-mark provisions that prevent managers from pocketing performance fees after a loss until they've made up that loss to their investors. Investment banks, meanwhile, have for decades paid out bonuses on the basis of one year's profits and worried about the consequences later...
...Klein's Teddy awards honoring courage in the political arena: A John McCain regime would have probably finished the job that the Republicans began so well of dismantling the National Parks system [Dec. 29]. This--and the concept that we should protect our national resources--is Teddy Roosevelt's greatest heritage. You really think he'd like McCain? Richard Bagwell, BERKELEY, CALIF...
...study illustrating the difference between the concept of wisdom in eastern and western cultures: "Takashi and Bordia showed four groups of college students - one American, one Australian, one Indian, and one Japanese - all the possible pairings of the seven adjectives 'wise,' 'aged,' 'awakened,' 'discreet,' 'experienced,' 'intuitive,' and 'knowledgeable.' When the students were asked to rate which two adjective were most similar to each other, the western students chose 'wise' and 'knowledgeable' or 'wise' and 'experienced,'' whereas the easterners most associated 'wise' with 'discreet...
...concept behind NAFTA - promoting economic growth by easing the movement of goods and services between the U.S., Mexico and Canada - had existed for years before it was born. President Ronald Reagan spoke of a North American agreement in his campaign in 1979, and the Canada-U.S. Free Trade Agreement had existed since 1989. NAFTA, which was launched January 1, 1994 and finally saw the last of its policies implemented on January 1, 2008, stipulates the removal of most tariffs and restrictions on trade between the three nations and codifies a wide range of agreements on agricultural, textile and auto...