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...real merit outside our own heads - or outside the lab or conference room, where a team may have been sweating over it - Sindell recommends continually asking, "Why?" As in, "Why is this a good idea?" To each subsequent answer, he says, ask "Why?" again, until you've gotten down to the bedrock that underlies your assumptions. Then look at your idea again. Is it still breathing...
...Buffett and other investors may be putting too much faith in the bank management's ability to gauge future loan losses, something no major bank has gotten right during this downturn. And if there's even a bit of disappointment, Wells Fargo shares have further to fall than its rivals. The stock trades at a price-to-book multiple of 1.6; JPMorgan, another bank deemed to be in relatively good shape, has a price-to-book of just 1. On earnings, Wells trades at 16 times its expected bottom line this year. That's better than even Goldman Sachs, which...
...problem has quickly gotten out of control nationwide," says Republican Congressman Kevin Brady of Texas, who in January introduced a House bill that would permit the jamming of cell-phone signals within prison walls. "Criminals are using cell phones even from death row to threaten victims and harass lawmakers. Inmates are making literally thousands of calls from prison...
...also a dispute over pay. According to union estimates, a full-time teacher earns about $3,350 a month, while part-time teachers, who make up the majority of Germany's kindergarten staff, earn $2,100 a month. "We don't earn enough money and our working conditions have gotten worse," Elke Rumps, a kindergarten teacher in Cologne tells TIME. "We take kids from 10 months old, [we look after] large groups, and parents expect so much from us. We have to integrate kids from families with social problems, carry out our normal teaching duties and also have to fill...
...made coca validation a personal quest, chewing leaves in front of world leaders and press cameras during his travels. "Let's say [Red Bull Cola] doesn't take out the cocaine alkaloid. Have any of those millions of people across the world who have drunk that soda ever gotten sick or felt drugged?" asks Dionicio Nunez, a coca-growers' leader from the Yungas region. "We've always known that coca isn't harmful. Now maybe others will realize...