Word: grading
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Dates: during 2000-2009
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...July. The agency suggested changing a number of its ratings-based regulations since the use of the NRSRO designation "may have encouraged investors to place undue reliance on the credit ratings issued by these entities." One example: money market mutual funds, which are currently only allowed to hold high-grade paper. High-grade - as defined by the ratings agencies. In comments responding to the proposed rule change, sellers of money market funds balked at the idea of not being able to use the ratings agencies' opinions as a way to get the regulatory greenlight. That proposed rule hasn't gone...
...jarring news Friday, when the Congressional Budget Office (CBO) released its preliminary analysis of Obama's plans for the nation. In one of the first non-partisan, independent reviews of his administration's economic vision, the Obama White House pretty much got a failing grade - not because the President's advisers were bad at math, but because the CBO found that the economy is expected to recover so slowly as to make the Obama policy proposals unsustainable. The new "Era of Responsibility," it turned out, runs into big trouble with just a slight long-term decline in economic projections...
...learning that a lot of young adults don't know as much about the basic facts and the birds and the bees as most of us think they do," she says. "If you're 24, the last time you had sex ed was probably in the 10th grade. You wouldn't have been taught about some of the newer methods of birth control like the ring or IUDs. There's a large amount of simple misinformation or ignorance...
...When he was asked on Wednesday about the best strategy for the war in Afghanistan, he shrugged. "Unlike Iraq and some of the other problems, this is an area where I've been somewhat uncertain in my own mind what the right path forward is," he said with weapons-grade candor rarely heard from the Pentagon podium...
...Also known as "winter vomiting disease," the illness caused by norovirus comes on suddenly, with symptoms that include nausea, diarrhea and stomach cramping, and sometimes low-grade fevers, chills and muscle ache, all of which normally resolve within three days. People contract the virus by eating contaminated food, touching contaminated surfaces and then placing their hands in their mouths, or through casual contact with an infected person, suggesting the illness could have been brought to the restaurant by a customer carrying the virus. Regardless of who triggered the health scare, "it's affected the restaurant big time because...