Word: model
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Dates: during 2000-2009
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...Wall Street argues, albeit on weak ground, that the new model does in fact learn from the lessons of the last decade. In the mortgage-backed security market, subprime loans functioned as adversely selected “lemons,” and the mortgages most likely to fail were the ones most likely to compromise the integrity of the securitized assets. In this new market of life insurance securities, it is instead the healthy insurance candidates who are the liability. This time, to offer life insurance to the physically unhealthy—in other words, the “subprime?...
...less than he did at Cigna, where he made "in the six figures." He's a nonsalaried consultant for the Center for Media and Democracy but has health-insurance coverage through his wife, who manages a Banana Republic store. It's a low-cost, high-deductible plan - a model that provides coverage for catastrophic illness but kicks in only after the policyholder spends thousands of dollars out of pocket first. In other words, it's an insurance-industry-friendly model that companies like Cigna would like to see spread under health-reform legislation still being written on Capitol Hill. Potter...
...Obama will take his case for health-care reform directly to the American people - again - and compete head to head with the 8 p.m. season premiere of America's Next Top Model. The speech is less a recalibration of his health-care effort than a restatement of purpose. Aides caution that he will neither demand a so-called public-health-insurance option nor abandon his desire to see one achieved. He will not give up his quest for a bipartisan compromise in the Senate, nor will he vow to abandon the possible use of parliamentary procedures that would allow Democrats...
...leader welcomed President Obama's election. "Hopefully it signals the return to a model of cooperation that we consider very important," says Westerwelle. But Washington shouldn't expect too much love. Westerwelle is determined to avoid mission creep in Afghanistan. All but a handful of the 4,500 German troops are deployed in the north of the country, away from the fiercest fighting in the south. "We shouldn't risk our successful operations in the north by taking on duties in other areas," he says...
...Republicans who are using students for cynical political gain. "No one should ever turn communication between a President and young people about what you can aspire to in the future into an ugly us-against-them exercise," Hemping argues. "This is a lost opportunity, because [Obama] is a role model who raised himself from a poor, single-parent situation precisely through education." (Read about the shrinking state of Florida: What's causing the exodus...