Word: decisional
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Well, yeah, except that Goldman and JPMorgan played right along with many of the Wall Street practices that led to the crisis. They fought regulation - of derivatives, for instance - that might have prevented it. And their big profits can be traced not only to skill but also to the government...
Because the Continental starts at $177,600, the decision by Rolls-Royce to price the Ghost at $245,000 was a "quite deliberate" maneuver to create a niche market just above Bentley's more affordable model, says Paul Newton, an automotive analyst for the consulting firm IHS Global Insight. (See...
Russia's problem, Lebedev thinks, is not Putin but the bureaucracy, which is sprawling and antidemocratic, and stymies reform. "As far as Putin is concerned, I'm not blaming it on him. I think he doesn't see it. These TV channels pocket billions of dollars in exchange for flattering...
In 2003 the World Health Assembly, the decision-making body of the World Health Organization, adopted a treaty designed to attack global smoking through a mix of methods including bans and tax hikes. So far, 164 countries have joined the pact. The U.S. signed the treaty in 2004 but has...
Amy Zegart, a UCLA professor and national security expert, says the differences are more fundamental: the agencies have divergent missions and requirements. In any interrogation, she says, "they're looking for very different things: for the military, it's what's over the next hill; for the Bureau, it's...