Word: excessive
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...interest rates and where the currency may be appreciating. Last year a plunging dollar and the Fed's decision to slash rates made the U.S. currency ideal for funding carry trades. For example, selling the U.S. dollar to buy Australian dollars, Norwegian kroner and Brazilian reals yielded returns in excess...
...practice, it's the idea of empowering those people closest to a work process so they can participate in designing and improving it, rather than, say, spending every shift merely whacking four bolts to secure the front seat as each car moves down the line. Continuous improvement constantly squeezes excess labor and material out of the manufacturing process: people and parts meet at the optimal moment. Kaizen is also about spreading what you've learned throughout the system. And then repeating it. It's the reason, for instance, that when Toyota assumed full control of the New United Motor Manufacturing...
...financial crisis was caused by the juxtaposition of regulators who really didn't believe in regulation, and excess leverage," says Jon Corzine, the former governor of New Jersey and a former chief executive of Goldman Sachs. "We need stricter, higher capital rules for the banks. That's a much better solution than trying to limit a type of business that is hard to define...
...What they're forgetting is the frightening downside to China's authoritarian state capitalism, and not just in terms of human rights. China's stimulus program might have produced growth, but it could very well have undermined the health of the banking system. The Chinese economy is riddled with excess capacity, inefficient state enterprises and asset bubbles...
...girl working as an indentured cook in the royal kitchen of an ancient monarch who manages to free herself after a lifetime of struggle. But Lost and its mysteries appeal even more strongly to Iranians. "In Iran, people are drawn to stories that are unpredictable," observes Masoud. Sometimes to excess: it is not unheard of for Iranian fans to go on Lost benders that last weeks...