Word: dropping
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...Another risk: GM CEO Fritz Henderson is under pressure from GM's new board of directors to turn around the company's fortunes quickly, and he has indicated the automaker is prepared to drop Hummer if it can't finish the deal relatively soon. "If it doesn't get sold, we'll close it," says a GM official. (See the best cars from the 2009 Detroit auto show...
...proposals have sparked grumbling among bankers, especially in Europe, because the requirements would crimp their profitability. JPMorgan this month estimated that, if key measures like increased capital requirements are implemented, the average return on equity of investment banks would drop by one-third. "It's out of the question to systematically increase layers of capital in the banks if there's no supplementary risk," says Ariane Obolensky, managing director of the French Banking Federation. But the tide is against such critics. As Stark of the ECB put it in a speech this month, "the simple statement that 'if banks...
...costs for everyone. Malpractice premiums make up less than 1% of U.S. heath-care spending. Doctors argue that "defensive medicine"--the extraneous care they provide out of fear of being sued--costs much more, but the data are unclear. Texas, for example, has not seen health-care spending drop since instituting award caps in 2003. While a 1996 study said caps could cut costs up to 9%, the Congressional Budget Office stated in 2008 that it had "not found sufficient evidence to conclude that practicing defensive medicine has a significant effect" on spending...
...game has been going well,” Kabasakalis, who placed second overall, said. “I was able to drop some putts this weekend and hit the fairways and greens, really just taking one shot at a time...
...Most of these changes cannot be "scored" by accountants as yielding savings, since no one knows exactly how the system will respond to the new rules. Will doctors and hospitals revolt en masse against the changes? Will improved treatment really lead to a significant drop in unneeded procedures? "You need to give things a chance to change," explains Joseph Aslop, a health adviser for the Congressional Budget Office (CBO). "If you put [the pressure] on too hard too fast, things are going to break." (See 10 players in health-care reform...