Word: contracting
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...venture, Toyota conducted a thorough review of its alternatives in light of current and anticipated market conditions," says TMC executive vice president Atsushi Niimi. "Based on this review, we have determined that over the mid-to-long term, it just would not be economically viable to continue the production contract with NUMMI." (See the most exciting cars...
...problem was that they were neither steeped in the culture of a civilian intelligence agency nor closely vetted. And since the entire program was handled on the fly, it was easy for a bad apple to get through CIA screening, especially when he came under a corporate contract. It's not a coincidence the only CIA employee convicted in the abuse of a prisoner was a contractor. (David A. Passaro was convicted for assaulting in 2003 an Afghan detainee who later died.) (See pictures of Gitmo detainees...
Just as in the case of crude oil, supply and demand do not paint the full picture. As of Aug. 24, the U.S. Natural Gas Fund, an exchange-traded fund listed as UNG on the NYSE, held about 10% of the contracts in the October 2009 futures market traded on NYMEX. Combine that position with its over-the-counter swap holdings, and UNG held the equivalent of more than 50% of the October contract's open interest. In following its plan to buy and hold natural gas, UNG keeps rolling its position into the next futures month. In other words...
...equivalent position in the October futures contract amounts to over a trillion cu. ft. of gas. Given that the U.S. consumes an average of about 2 trillion cu. ft. of gas per month, UNG's position in the front month - at over half of that month's consumption - seems too large for a purely speculative fund...
...most management consultants today. Why is it more valuable to study philosophy than business? Most management systems have to do with establishing trust and getting people to cooperate. They're not really about expertise or science. Look at Rousseau - all his writing is about how to build a social contract and a foundation for trust, for integrity, for ethics. When I have managerial issues I think more about Jean-Jacques Rousseau and John Locke than I do about [management writer] Michael Porter or someone like that...