Word: doneness
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...India's present challenges. And as Nilekani concedes, if you are playing a waiting game with India, you will lose. The Bill Gates of India does his best to weave his "safety net of ideas," but resolving India's inherent internal conflicts is sadly easier written about than done...
...Schapiro. In congressional testimony on March 11, two months after she was confirmed to her post, Schapiro said, "I'm not sure if it's enough, to be perfectly honest." On April 15, the SEC will hold a roundtable, to hear from the ratings firms about what they have done to improve things on their own, and also from people who think the entire issuer-pays model needs to be scrapped. "There have been some very thoughtful proposals out there, and we've invited those people to come and speak," Schapiro told Congress. (See "Business Bucking the Recession...
...kinds of mortgage-backed securities. The government's enthusiasm for the starter plan, known as "TALF," has outstripped market enthusiasm, but there is some life in it. The Federal Reserve has put up over a $1 trillion in potential lending already, though only $9 billion in deals have been done so far. Geithner did not provide details of the terms of the loans or their size or duration, but the government said that investors would not be on the hook for those loans if the assets proved worthless. (See the worst business deals...
...become a victim of the White House's need to prioritize amidst a sea of crises, the EPA's actions could provide a much-needed nudge to Congress. "This is a strong message," says O'Donnell. "Congress either has to face the reality that something has to be done, or the Obama Administration will just do it itself." What's one more item on the world's longest Presidential to-do list...
...playing politics with sport. IPL chairman Lalit Modi is known to be close to the opposition Bharatiya Janata Party. Some BJP leaders have pointed out that states where the Congress or its allies are in power were the ones that denied security for IPL matches. "Cricket could have done without such politicization," says New Delhi-based cricket commentator G. Rajaraman, who holds Congress responsible. "Only Congress-ruled states said they could not provide security," he says, citing the examples of Delhi and Andhra Pradesh. "Only one match would be played at a time," he points...