Word: marching
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Dates: during 2000-2009
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...roundtable discussion with the heads of both major and minor credit-rating agencies as well as investors and academic experts. "We're inviting a lot of the people who have had some very interesting ideas about what would be a better model," SEC chairwoman Mary Schapiro told Congress in March. "There have been some very thoughtful proposals put out there...
Thousands have since been downgraded. "We need to consider alternatives to the issuer-pay model," SEC commissioner Elisse Walter said in a speech in March. One idea: level the playing field so that new competitors, like smaller agencies that charge investors instead of issuers, can better compete. Another option: a tax on investors, issuers or even the public at large in order to create a central pool of money with which to buy ratings to be made public. (See the best business deals...
...secret that one of the biggest reasons the U.S. auto industry is teetering on collapse is that, quite simply, Americans have stopped buying cars. U.S. auto sales were down 37% in March from 2008, the latest in a nearly unbroken year-and-a-half streak of falling sales. And if the cratered economy is the main culprit behind backed-up inventory at U.S. car dealers, another is that American automakers have failed to produce the more fuel-efficient vehicles that gas-price-conscious car buyers are beginning to demand. As a result, the U.S. still sends hundreds of billions...
...October last year, Italy's Union of Rationalist Atheist and Agnostics sponsored the country's first-ever "De-baptism Day," when the no-longer faithful attended protests and passed out de-baptism forms to areligious people who didn't have internet connections to download them. More recently, on March 2, atheists and feminists in Argentina teamed up to launch the "Not in my Name" Internet campaign which encourages Roman Catholics to notify their local bishops of their desire to officially leave the church. So far more than 1,800 have joined their Facebook group or signed the petition on their...
...Back in Britain, Michael Evans, an atheist and former journalist who downloaded the de-baptism certificate in March, believes the Church of England claims more members than it actually has in order to shore up its influence in the secular world. "It claims to speak for the majority of people in Britain," he says. Official estimates are that fewer than one million Britons regularly attend Sunday services, but there are currently 26 Church of England bishops sitting in the House of Lords. "With churches, everybody checks in, but nobody checks out," says Evans, who was baptized as an infant. "There...