Word: formedical
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One of the firms leading the charge to capital-light banking was Bank of America (BofA). Starting in 1993, a predecessor firm became one of the first banks to develop and embrace computer models that were supposed to improve a bank's ability to determine the risk of a particular...
Clustered in the northeastern hills of Burma, the Buddhist Shan were accorded a measure of self-rule by British colonialists. When Burma became independent in 1948, they agreed to join the fledgling nation in return for autonomy. But the promise, say Shan opposition groups, was never kept - and several militias...
An army colonel, John Tshibangu, arrived and promised that looters would be caught. A pastor, Rahera Kambale, pulled me aside. "Even as he's talking, they're still looting and raping and killing," he said. "This is the second time this month." I asked about MONUC. "They passed by one...
But with unemployment soaring toward 25-year highs, housing prices plunging and the nation's biggest banks facing insolvency, it is difficult not to wonder, Is Summers - is anyone, really - up to this herculean set of tasks at this impossible moment? And if the responsibility must fall largely on the...
The Bush White House was so profoundly hostile to action on global warming that during its eight-year tenure, one could have qualified as a "green progressive" simply by asserting that climate change was real. In 2007, under these circumstances - perhaps because of them - was born an unlikely alliance between...