Word: hurtfulness
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...real world, professionals who construct bridges, buildings and even houses must be licensed, to encourage adherence to stringent technical, legal and ethical standards. Ignoring the rules can result in losing one's job. Why? Because if these things are constructed poorly, people will get hurt. Since Wall Street is in the business of "engineering" markets in order to make the greatest possible amount of money, why shouldn't they also be licensed and held to similar standards...
...televised statement to parliament over the weekend, Mubarak said, "Egypt will not tolerate those who hurt the dignity of its sons" - a statement that drew praise from the Egyptian public. But at the same time, Mubarak also seemed to be calculating his retreat. "We don't want to be drawn into compulsive actions," he added. (See the top 10 sporting cheats...
...double hurt to me because I’d become an Anglophile, and this was my love letter to England,” Sondheim said...
Under the program, the federal government subsidizes the bond payments that local governments make to investors, boosting the yield by 35%. So a typical muni bond that would normally pay 4.5% yields nearly 7% if it is issued through the Build America Bond program. The higher payments don't hurt the finances of the local government, because Uncle Sam is picking up the difference. (See how Americans are spending...
...member of the Student Labor Action Movement. When the decline in Harvard’s endowment was first announced, Johnny dedicated himself to becoming the most knowledgeable student on campus on the topic of Harvard’s endowment and budget, realizing that top-down budget cuts would hurt students and workers alike. He organized the Responsible Endowment Conference and proposed the Idea Bank, which gave the Harvard community an unprecedented opportunity to share ideas for the second round of budget cuts. While SLAM’s activities are often controversial, Johnny’s work has demonstrated such...