Word: effects
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...effect of venue-shopping, contends LoPucki, is that courts wind up more often ruling in favor of companies - to the detriment of creditors and labor unions. "Whoever gets this case must rule for management, or else they'll never get another corporate case," he says. Others aren't convinced the outcome is so nefarious, though the system certainly does give particular judges more than their fair share of influence over bankruptcy case law. "You normally expect various decisions through various courts, which creates the opportunity for the development of the law," says Jeffrey Morris, a law professor at the University...
...least surprising poll not conducted by USA Today, Pinsky proved that celebrities are indeed narcissistic, in his new book The Mirror Effect: How Celebrity Narcissism Is Seducing America. While the average American scores a 15.3 on the Narcissism Personality Inventory, a 40-question test long used by psychologists, celebrities averaged 17.84. Longtime stars and newbies scored similarly, which might lead you to conclude that fame doesn't turn people into narcissists - it just attracts them. The more a person's fame was the unintended by-product of a skill, like playing an instrument, the lower the score. Reality-show participants...
...cauldron of economic and legal risk, but he says those pressures can't compare with what he faces back home: a young wife who hasn't been able to work since experiencing complications during childbirth four years ago and a rural hometown where the global downturn hit with brutal effect almost two years...
...Freddie Mac and a real estate investment fund batted questions around: "Has your forecast for home prices changed?" "What about the savings rate?" As he raced out the door, Zandi was stopped by an economist from the Office of the Comptroller of the Currency to talk about the "wealth effect." (See the best business deals...
...current scenario, investors that had previously been attracted to the generous interest rates of the region have fled as fast as possible. And very few remain, making it very hard for these countries to roll over debt or put in place counter-cyclical measures to ease the effects of the global crisis. In a way, it has been like the Tequila Effect in Mexico or the Asian financial crisis in the 1990s, in which confidence crises presented potentially catastrophic problems without a clear way out for governments that did not command trust from international markets...