Word: leachings
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...shortly before its Jan. 2 Alamo Bowl game against Michigan State, Texas Tech has fired head coach Mike Leach for allegedly mistreating a player who received a concussion diagnosis. According to reports, Leach ordered that Adam James, son of former NFL player and current ESPN analyst Craig James, be sequestered in an equipment shed and electrical closet during Texas Tech practices in mid-December as punishment for allegedly faking the concussion...
...Japanese Emperor's reign to continue as part of Japan's surrender to the U.S. According to Price, who has written a book on the use of anthropology during World War II, the majority of American anthropologists were actively involved in the Allied war effort. One British anthropologist, Edmund Leach, even led a team of ruthless Kachin fighters - the indigenous group he was studying in Burma - against the nation's Japanese occupiers...
...food to thrive. That would be phosphorous, which is abundant among the hills and three towering volcanoes around Atitlan. The situation is aggravated by government distribution of chemical fertilizer containing extra phosphorous to poor farmers who liberally apply it to their fields. Widespread deforestation allows the soil to leach into the lake during Guatemala's six-month-long rainy season. (See more about Guatemala...
After the talk, I found myself wondering how these banks grew so large in the first place. In 1999, Congress passed the Gramm-Leach-Bliley Act, allowing retail banks (which accept deposits and issue personal loans), investment banks (which trade securities and manage corporate acquisitions), and insurers to merge. Subsequently, the pace of bank mergers accelerated, creating gigantic one-stop financial shops. When these banks teetered on the brink last year, Congress, fearing that their collapse would cause economic cataclysm, was forced to bail them...
Reversing Gramm-Leach-Bliley would help prevent future financial crises before they start, improve the efficiency of America’s banks, and protect taxpayers from future bailouts. Instead of being too big to fail, America’s banks ought to be small enough to succeed...