Word: functional
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Dates: during 2000-2009
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...Should that happen, the IMF could be given a new function as a "permanent secretariat" overseeing finance markets for G7 and other major countries, Buiter says. That's rather a far cry from Sarkozy's appeal to reinvent capitalism - or even British Prime Minister Gordon Brown's call to reform the international financial system around "the agreed principles of transparency, integrity, responsibility, good housekeeping and co-operation across borders." Yet many observers say that even a partial move away from the reckless lack of oversight that enabled the current crisis would constitute progress...
...before the Ad Board, the deck is clearly stacked against them. Students are not allowed to hear the testimony against them and cannot submit evidence on their own behalf. Their sole representatives are resident deans, who are plagued by severe conflicts of interest, as deans are often asked to function as both advocate and prosecutor in disciplinary inquiries. Students have no alternative choice of representation, as they are prohibited from hiring an attorney for an Ad Board hearing. It is already difficult enough for a defendant to get a fair shake from the Ad Board—a student should...
...case, Chambers likely made his point; time will tell whether the sideshow he began will actually have any meaningful effect on the form or function of Nebraska courts. One fact has been confirmed, however: An attention-starved state senator is no match for an all-knowing God—at least before the appeals process...
...Create an effective multilateral agency. As the global economy becomes more interconnected, we need better global oversight. It is unimaginable that America's financial market could function effectively if we had to rely on 50 separate state regulators. But we are trying to do essentially that at the global level...
...fact that everyone has to play the game," said Laurence Parisot, head of the organization representing France's largest employers, Medef, after the meeting. "Now that banks have the means to operate more or less normally, they must assume their role of irrigating the economy so companies can likewise function normally...