Word: gao
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...crash. Most analyses of Black Monday, however, have assumed that the stock-exchange computers on the receiving end of the selling torrent held up fairly well. Not so, says a report released last week by the General Accounting Office, the congressional investigative arm. According to the GAO, the computer systems that handle securities trading on the New York Stock Exchange suffered repeated breakdowns the week of the crash, adding significantly to the confusion and fueling the selling panic. "The October crash was a crisis that nearly became a disaster," said Comptroller General Charles Bowsher, head of the GAO. "Somebody...
...defense, but as an object of controversy." Contends Livermore Physicist Hugh DeWitt: "Woodruff did a damn good job of blowing the whistle on the extravagant claims of those two men." And while Woodruff's employment status has been resolved, the issues have not. The conclusions of the GAO investigation are expected by June; at stake is not just the future of the X-ray laser, but the reputations of Livermore's scientists. "When I go to Washington now, people jokingly ask me what's the next lie that going to come out of here," says John Harvey, Livermore's project...
...step up its inspections in keeping with the growth of airline fleets, according to a General Accounting Office study published in May. From 1981 until 1983 the ranks of FAA inspectors actually shrank, from about 1,750 to 1,500. But at least partly in response to the GAO's study, the FAA is carrying out plans to expand its staff of inspectors to more than 1,900 by September...
...GAO investigators focused on changes between 1950 and 1982 in the five- year survival rates for victims of twelve types of cancer. Advances in detection and treatment, they conceded, had resulted in improvements in these survival rates (measured from the time of diagnosis), except for stomach cancer. Yet they criticized the NCI's reliance on these rates as proof of gains against cancer, noting that some types of the disease, such as breast and prostate cancers, can progress for ten or 15 years before proving fatal. Also, the GAO observed, survival rates reveal nothing about the life expectancy or quality...
...assisters" had the most trouble deciding when to file a 1040A short form, how to report pension income and how to use the new W-4 withholding form. Getting the papers filled out in person does not help. The GAO says Government preparers make as many mistakes in arithmetic as regular folks...