Word: institutee
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The long-term effects of the agreement on the Swiss banking industry, however, are difficult to predict, experts say. "The settlement is a success for Switzerland and its financial center because it takes away a lot of pressure," says Teodoro Cocca, a former professor of wealth and asset management at...
Whether or not this happens, the landmark settlement may be a turning point for the Swiss banking sector, which can no longer depend on the promise of secrecy to draw in clients, says Stéphane Garelli, a professor of world competitiveness at the Institute of Management Development in Lausanne...
Schaefer says U.S. dollars would be better spent helping Mexico develop more sophisticated antidrug intelligence agencies and databases - particularly in areas like money-laundering, where law enforcement worldwide often cripples organized crime more than conventional interdiction does. "One of the best things the U.S. can do is help Mexico institute...
"The potential benefits of geoengineering are really very large," says Lee Lane, a fellow at the American Enterprise Institute and a co-author of the paper.
Economist Heidi Shierholz of the Economic Policy Institute says the economy has lost 6.7 million jobs since the beginning of the recession and that the stimulus bill thus far has generated 750,000 jobs. But in addition to the nearly 7 million jobs lost, the national economy has failed to...