Word: likelihood
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Requiring confirmation and testimony would be even worse. Raising the visibility of the NSC advisor would only institutionalize the inevitable friction between this individual and cabinet secretaries, thereby increasing the likelihood the United States would speak with several voices. The capacity of the NSC to act as an honest broker of the policy process would be undermined. And the president would have lost an invaluable source of private advice in this critical policy area...
Almost everyone agrees that one of the best defenses against illicit insider trading is to increase the likelihood that offenders will be caught -- and that getting caught will hurt. So far the SEC has been reluctant to use the powers of treble confiscation of illegal profits granted to the agency in 1984. That should change. At the same time, the SEC under Chairman John Shad has shown greater eagerness than it had under his predecessors to pursue insider cases. Says Shad: "If the public believes that a few have privileged information and take advantage of it, it is going...
...culprit is silent ischemia, an intermittent interruption of blood flow to the heart, which kills tens of thousands of seemingly healthy Americans each year. Doctors estimate that the condition, undetected, exists in an additional 3 million to 4 million people known to have heart disease and further increases the likelihood they will suffer a heart attack...
Boesky may have to go to jail. But in all likelihood his biggest trouble may come from coping with a societal snub, when he will have to resign from prestigious boards and clubs. But even this will probably be short-lived, as money always seems to make friends and influence people...
Amid the frenetic activity, says Ford Chairman Donald Petersen, "the real battle will be won by whoever is best able to utilize capacity." Above all, that is a call for more automaking efficiency, meaning greater use of low-cost suppliers, more highly automated and productive plants -- and, in all likelihood, fewer workers, who will receive lower wages in return for better guarantees of job security. The reality is that the future for the major U.S. auto companies is already here. The heartening fact is that not one of them is trying to avoid...