Word: generalizing
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...crime, seven new hedge-fund or Ponzi scams have been busted since Jan. 1, totaling some $814 million lost by more than 2,100 investors, according to the Commodity Futures Trading Commission (CFTC). This does not include financial transgressions such as penny-stock swindles, insider trading, foreign bribery or general market manipulation...
Brown, 70, himself the son of an iconic governor (Pat Brown, who famously defeated Richard Nixon), is probably best known outside of California as a three-time Democratic presidential candidate and a former longtime boyfriend of Linda Ronstadt. Currently the state's attorney general, he has already added more than $3 million to his war chest, money that can be easily transferred to a gubernatorial campaign when the time is right. (See the top 10 financial collapses...
...must call a general election by September, and one could come as early as April. But as his approval ratings plummet, speculation is increasing that he will be forced to step down soon. "There's no optimistic short-term scenario for Japan," says Curtis. "The economy will get worse. Politics will get worse. That's the cruel reality of Japan today." And that means Aso's support rating can only get worse. "It's too late for Aso to turn it around," Curtis says. "He'll lose a point a week and by early March he'll be down...
...Curtis adds that if Aso resigns, the LDP would need to find someone to lead the party into the general election. "But who wants that job now when they know they're going to lose the next election?" Curtis says. "Either way, you have to assume the chances are very good that the LDP will get absolutely blasted in the next election and that the [opposition Democratic Party of Japan] will come to power," he says...
...died. The following month, an 82-year old woman was refused by five hospitals in her hometown, and died en route to a hospital in another city. In 2007, the percentage of cases that require immediate medical attention within total emergency transportation for the year was 11% for the general population, 1% for maternal cases, and 8% for children. "These [numbers] are not high," says James Kondo, president and vice chairman of Health Policy Institute, Japan, a Tokyo-based healthcare think-tank, "but when things go wrong in these areas, it could be fatal." The number of emergency transportation cases...