Word: leaching
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Event organizer Brian T. Chan '00 said he hoped the event would bring buddies together from across the state and create a community for participants. Chan directs the program, which is affiliated with PBHA, along With Bryan W. Leach...
...plastic container in the microwave. Federal health authorities are concerned that chemicals from some plastics may leach into food. To protect yourself, cook only in containers labeled microwave safe (no margarine tubs or cottage-cheese cartons), don't nuke plastic wraps and don't recycle trays for microwavable entrees; they're for one-time use only...
Some congressional leaders were clearly uncomfortable with the lack of disclosure of the dangers posed by bank lending to hedge funds. Says House banking chairman Jim Leach, who plans to hold hearings in the next week or two: "The question that remains for the economy is what other risk exists in the hedge-fund and derivatives industries." The answer, of course, is of vital interest to U.S. taxpayers as well as to investors. Talk of "moral hazard" will thus remain a hot issue from Washington to Wall Street and Main Street...
WASHINGTON: Alan Greenspan gave the House Banking Committee a tour Wednesday through the hospital ward that is the global economy, and once you untangle what committee chairman James Leach laughingly called "international banking-ese," the Fed chairman sounded a lot like Patton. While acknowledging that the modern ultra-connected economy is less forgiving than at any other time in history, Greenspan chastised both borrowers and lenders for irresponsibility and bad risk assessment, attacked the nonparticipation strategy of China and India (and by association Malaysia), and in general told the ailing: Quit whining and clean up your economic acts, and free...
...Wednesday seemed to capture perfectly the persistent understanding gap between economists and politicians. One was when a member asked an exasperated Rubin if IMF funding was an issue that Congress should take home to their constituents and take up again in 1999. The other was Greenspan?s retort to Leach?s gibe about his comprehensibility: "If I spoke English," Greenspan said, smiling, "you wouldn?t understand...