Word: operationalize
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Sturdier Seats Congress's Airport and Airway Safety Act of 1987 called for regulators to improve what is called the "crash-worthiness standard" of seats - in effect, the likelihood that they will crumple and crush passengers at impact. It took 17 years to accomplish the task, as the Federal Aviation...
The federal government has a small operation called the Office of Thrift Supervision, which, among other things, keeps track of mortgage defaults. It defies common sense, but the agency says that many people who have mortgages re-worked to their financial advantage often default on their obligation anyway.
The recent Israeli operation in Gaza refocused attention on the plight of the thousands of ordinary Palestinians caught between Islamic militant group Hamas and Israel's overwhelming military force. But the Palestinians living in the territories of Gaza and the West Bank aren't the only ones trapped. Like many...
Kotz said his reports will have comprehensive recommendations, but warned that doesn't mean the agency will implement them. And though some fixes, a proposed rule to separate custodian accounts for hedge fund assets, may make it harder for thieves, smart fraudsters "will just begin to work in pairs; one...
Investors have deserted GE's stock over the last week like draft dodgers fleeing to Canada. The firm's shares fell more than 20% over the five trading days, and now sit near a multi-year low of just below $9, 25% of its 52-week high. Even though GE...