Word: conflict
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...province Kurdish region in the north - much to the chagrin of the federalist-minded Kurds. At the provincial level, newly empowered hard-line Sunni groups like al-Hadba in Mosul, Nineveh's capital, are preparing to expand their political clout. (See a TIME photographer's diary of the Iraq conflict...
...hide. Their CEOs took a royal lashing from Congress in October, and in April new regulations will go into effect, largely to address what is often painted as the Achilles heel of the ratings system: companies typically pay to have their own debt rated, therefore creating a massive conflict of interest for the ratings agencies, which want to hold onto that business. (See "How to Know When the Economy Is Turning Up".) Favorably rating structured finance products - including Frankenstein creations like synthetic collateralized debt obligations - became a major source of profits for the ratings agencies during the boom years...
...School of Business. Under their system, a company that wanted to have its debt rated would pay a fee to a government-run centralized clearing platform, which would then pick a ratings firm. Firms, again, would be evaluated on the accuracy of their ratings over time. "It breaks the conflict of interest," says Matthew Richardson, a professor of applied financial economics at Stern...
...issues before us, and to pursuing constructive ties among the United States, Iran and the international community" and called for an era of "engagement that is honest and grounded in mutual respect." By placing his overture in the call for a "grand bargain" that addresses all areas of conflict, and speaking of integrating Iran's current regime into a responsible role in the international community, the President expressed an openness to accommodating some of Tehran's key concerns. But Obama also emphasized that "terror and arms" did not fit with the responsibilities attached to Iran's resuming its rightful place...
...sensitivity yet needs to keep her job. Dean Daniels struggles to find a balance between protecting the targeted student and appeasing the administration, all while falling for Aaron Carmichael (Mykelti Williamson), a black reporter covering the story. (Not surprisingly, neither expresses familiarity with the term “conflict of interest.”)In the movie’s first scene, a student passionately refuses to define his ethnicity in a classic “checkbox” dilemma. At stake is a $12,000 scholarship offered only to minority students, but Patrick (Victor Rasuk) does not identify with...