Word: institutionalized
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Dates: during 1980-1989
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But hauling cash out of the U.S. has its drawbacks. The interest revenue lost while cash is in transit pains a drug dealer as much as it would a corporate financial officer. And since narcotraffickers see America as a safe and profitable haven for their assets, they often launder and...
Once the money is in a financial institution, it can be moved with blinding speed. Communicating with the bank via fax machine or personal computer, a launderer can have wire transfers sent around the world without ever speaking to a banking officer. The goal of many launderers is to get...
Among the most respected critics is Andrew Solow, a statistician at the Woods Hole Oceanographic Institution's Marine Policy Center in Massachusetts. Solow asserts that the computer models used to predict the greenhouse effect are so weak that they cannot even account for the modest 0.5 degrees C warming that...
Stephen Schneider of the National Center for Atmospheric Research responds that waiting for absolute certainty about global warming will produce many years of policy paralysis. Thomas Lovejoy of the Smithsonian Institution agrees, noting that societies may pay a price for doing nothing that outweighs ) the expense of prudent preparation. While...
The Alexandria participants were: Lester Brown, Worldwatch Institute; John Chafee, U.S. Senate, Rhode Island; Michael Deland, Council on Environmental Quality; Kathryn Fuller, World Wildlife Fund; Albert Gore, U.S. Senate, Tennessee; Denis Hayes, Earth Day 1990; Thomas Lovejoy, Smithsonian Institution; Michael McElroy, Harvard University; Kenneth Piddington, World Bank Environment Department; Peter...