Word: foolproof
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...codes of their own into effect. Reebok's guidelines for its suppliers in Indonesia and elsewhere support the right of workers to organize and bargain collectively. American employees of Nike conduct weekly inspections of suppliers' factories in Indonesia to check on working conditions. Such measures are not foolproof, but they represent a major effort to make a difference. Levi Strauss dealt with the question of labor rights by pulling out of China altogether in 1992; Timberland did likewise this year. But many U.S. corporations doing business in Asia have not even thought about the need for a code...
...idea behind Reg. Q was that bankers were a disadvantaged group who needed welfare benefits. By putting a lid on the interest rates paid to small savers, the government could foolproof the banking system. Bankers could lend the cheap money out at higher rates and make a nice living without trying too hard, which is how they became such good golfers...
...fossils older than about 200,000 years. Fortunately, many specimens are found in sedimentary rock, laid down in layers through the ages. By developing ways of dating the rock layers, scientists have been able to approximate the age of fossils contained in them. But these methods are far from foolproof. The 200,000-year-old Chinese skull, in particular, is getting only a cautious reception from most scientists, in part because the dating technique used is still experimental...
...simple answers about what to do. Should women with the gene have mastectomies quickly or should they have frequent mammograms to detect cancer early? Neither choice is foolproof, and no studies of survival rates have been completed. "The literature is full of anecdotal reports of women who had breast cancer even after prophylactic surgery," says King. "If a woman has a mastectomy, she is doing it based on common sense and logic, not on statistical proof...
While no system or advice can ever be foolproof, here are some tips for mutual-fund investors from the perspective of common sense and seasoned market watchers...