Word: delays
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Four weeks to begin an investigation into a massive corporate scandal is a long delay even by the standards of India's sluggish judicial system. That's nearly how long it took for the Securities and Exchange Board of India (SEBI) to get permission from the country's highest court to question the men who were running Satyam Computer Services, India's embattled information technology giant, over the company's $1 billion accounting fraud...
Further, while a two-year delay wouldn't exactly help struggling media outlets desperate for ad revenue, it shouldn't put them out of business. Swallen figures that if the pharmaceutical moratorium were in place last year, magazines as a group would have lost roughly $210 million, or 0.8% of the approximately $25 billion in total ad revenue it took in for the year. And that's using a worst-case scenario in which the FDA kept all new drugs off the ad market for two years. Similarly, television outlets would have lost some $423 million...
...forced delay would certainly endure a First Amendment challenge. "In free-speech areas, government management of speech, even if it's commercial speech, should always be the last resort," says Billy Tauzin, a former Republican Congressman from Louisiana who now runs Pharmaceutical Research and Manufacturers of America, the industry's trade association. Banning tobacco ads is one thing - cigarettes can kill you. But these are prescription drugs we're talking about. They at least have the potential to save you, right? (See the top 10 video moments of campaign...
...Senate, where the likes of Ted Kennedy and Max Baucus have their own strongly held notions of what reform should look like. His stature and close relationship with Obama also would have helped fight the impulses of some in the Administration - including chief economic adviser Larry Summers - to delay the push for health reform until after the economy gets fixed...
...transition years, Harvard undergrads, enraptured by the hope of real change they can believe in, will flee to work for The One. President Drew G. Faust will breathe a sigh of relief, as the mass departure of students will provide temporary relief for House overcrowding and allow her to delay costly building renovations until better economic times...