Word: judgments
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Dates: during 2000-2009
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...electing Barack Obama, the American people have restored the world's faith in their judgment. David Felton, Perth, Western Australia...
...That judgment gains credence from a simple fact: the heparin disaster goes beyond Baxter, SPL and their suppliers--none of whom have been charged with wrongdoing and all of whom say they are cooperating with regulators to find out where problems arose in the supply chain and why. French pharmaceutical giant Sanofi Aventis told French regulators and the FDA that it too had found and recalled tainted heparin last spring. (Baxter pulled all its heparin from the market last January.) In April, deputy FDA commissioner Janet Woodcock said the agency had traced the contaminated heparin api, which ultimately found...
...sell the pieces as fairly safe securities, even as they were leveraged to the hilt. Why? The mathematical models--backward-looking and based on just a few years' data from an asset bubble--said so. "As an industry, we let financial tools be a substitute for human judgment," says Kevin Blakely, CEO of the trade group Risk Management Association. "There's been such an earthquake in the industry, people are saying we have to do it differently...
...Apart from the 10 professors involved in the alternative curriculum, the rest of the faculty—about 150 professors—have largely withheld judgment on the experiment...
...year was that if the Furies delivered turmoil to the doorstep of this election, the country would retreat to the safe choice and not risk a rookie. It was Obama's triumph that the financial crisis that might have buried him actually raised him up, let voters judge his judgment in real time, the 3 a.m. phone call that came night after night. It gave him, over the course of three weeks and three debates, a stage for statesmanship that decades of Senate debate could never have offered...