Word: moneys
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Dates: during 2000-2009
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...were shown in the Sacha Baron Cohen film Brüno? -Matthew Thacker, Bowling Green, Ohio I don't feel good about it because I was the subject of a trick, and nobody likes to be tricked. I understand they're not making a tremendous amount of money off this movie, so maybe the American people aren't as cynical as they assumed. (Watch the conversation with Ron Paul...
...sides agree that current malpractice law--under which doctors pay as much as $200,000 a year for liability insurance--is often unfair and inefficient. But when it comes to fixing the system, consensus is not so simple. Democrats oppose a federal cap on "noneconomic damages" in malpractice cases--money awarded for pain and suffering--that Republicans and doctors want. Supporters call the caps, already in place in some states, a quick and easy way to reduce malpractice-insurance premiums. An obstetrician in Texas, where such damages are capped, could pay 20% of what a colleague is charged in Florida...
Obama may have evoked Bush to encourage bipartisan good-fellowship, but he did not actually learn about this alternative from his predecessor. In 2006, Obama co-wrote a column with Hillary Clinton for the New England Journal of Medicine in which the two, then Senators, called for grant money to support programs that encourage doctors to admit errors up front and compensate patients early and out of court. Their reasoning: open communication about mistakes helps prevent them from happening again, saving money--and lives...
Last Sept. 15, the venerable investment-banking firm of Lehman Brothers--saddled with a lot of dud real estate investments and unable to persuade its jittery creditors to keep lending it money--filed for bankruptcy protection. It was the largest bankruptcy ever in the U.S., but the really big news was what happened afterward. First came a financial panic that threatened to shatter the global capitalist order, followed by an unprecedented--and unprecedentedly expensive--effort by governments on both sides of the Atlantic to patch things...
Within days of Lehman's failure, it was apparent that the market wasn't up to the task. There was a run on money-market funds after the Reserve Fund (which had pioneered the money-fund business in 1970) revealed that it owned a lot of suddenly worthless Lehman debt. London-based hedge funds that relied on Lehman for day-to-day financing found themselves unable to do business. Similar dislocations played out around the world, and financial institutions became paralyzed by fear and confusion. They simply didn't trust one another anymore and didn't want to lend...