Word: overhauled
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Almost every reference to the financial regulatory plan that was unveiled today by President Obama is prefaced with something along the lines of "the most sweeping overhaul of financial regulation since the 1930s." Obama himself used such language in his speech this afternoon...
...this has a touch of Italian hyperbole, but the point is a serious one as Marchionne, 57, tackles his next big challenge: Chrysler. For at Chrysler, he's moving, just as he did at Fiat, to restructure the organization, overhaul production, revamp the lineup, motivate a beaten-down workforce and deal with prickly shareholders - this time including the U.S. Government...
Whether or not health-care reform actually passes in the end, this may be remembered as the week when the reality of the challenge such a massive overhaul poses finally dawned on lawmakers. And the reality is this...
...been a decade and a half since anyone in Congress has attempted to put together a major overhaul of the health-care system, and no one on Capitol Hill or in the White House these days is under any illusions that it will come easy. But as the Senate Health, Education, Labor and Pensions (HELP) Committee on Wednesday becomes the first to begin the process of formally drafting a bill - one that members will call the Affordable Health Choices Act - it's already clear that the task will be that much tougher because of the absence of the committee...
...market. But if anything worries the famously secretive Apple (which, it goes almost without saying, declined to comment for this story), it has to be Rubinstein. He wasn't merely once an Apple insider; he was in the inner circle, a man close to Steve Jobs himself who helped overhaul the engineering processes core to Apple's turnaround. He worked on the top projects at 1 Infinite Loop and, for a time at least, got to see where Apple was headed. He's the guy best equipped to take Palm there...