Word: havoc
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...moment TennCare was law, its opponents had much to grouse about. The speed of the transition from a fee-for-service Medicaid plan to the new system, in which the state takes $2.9 billion in federal and state funds and contracts with 12 privately run managed-care organizations, wreaked havoc on doctors and patients alike. The chaos that even a small private business often undergoes when switching medical plans was multiplied a thousand-fold. Many patients did not know which managed-care group they had been assigned to, and in the early days it could take hours to get through...
...losses, while Britain's Barings collapsed amid losses by a single trader. Greenspan told a House Banking subcommittee exploring U.S. regulators' failure to detect the Daiwa losses that stronger internal controls are needed in a complex global banking system in which such internal failures can quickly cause wider financial havoc. "Whenever something like the Daiwa scandal occurs, congressional leaders are called on both to defend current regulation and to assess possible reforms," says TIME's Adam Zagorin. "Greenspan's recommendation comes with the clout and prestige of the Federal Reserve and more strongly suggests a need for tougher regulation...
Boston University wreaked havoc over the ECAC last week, defeating Cornell last Tuesday night, 7-1, and then trouncing St. Lawrence...
...latest in a number of protests by millions of French public service workers who are angry at proposed job and benefit cutbacks. Bruce Crumley reports from Paris: "Polls show that about 54 percent of the French basically support the strikes. I guess they think that creating absolute havoc is justified. Air, rail and ground transport have ground to a halt. Schools, hospitals, post offices and sanitation are also shut down. Millions of Parisians have had to walk to work. The French are very unrealistic about their social service system. Cutting back on the fat in public sector jobs...
...benefit cutbacks, millions of French public service workers are staging a one-day strike, paralyzing a country that must face some tough fiscal decisions. Bruce Crumley reports from Paris: "Polls show that about 54 percent of the French basically support the strike. I guess they think that creating absolute havoc is justified. Air, rail, and ground transport have ground to a halt as a result of this strike. Schools, hospitals, post offices, and sanitation are also shut down. Millions of Parisians have had to walk to work. The French are very unrealistic about their social service system. Cutting back...