Word: papered
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Simsek’s job market paper—the paper he presented to potential employers—was inspired by the financial crisis and “identifies the economic environments that are more conducive to asset price bubbles financed by credit,” Simsek wrote in an e-mail...
...more stable financial system. During the financial crisis, plummeting assets and the consequential market panic caused almost every major bank to fear for its solvency. Had there been more stringent capital requirements, banks would not have been in such dire trouble. As Alan Greenspan notes in his recent paper on the crisis, while requirements should not be onerous, they should leave banks in a position to effectively manage during most crises. The current legislation in the Senate directs regulators to enforce higher capital requirements but without specific capital levels. This policy must be maintained in the final bill with specific...
...Students need to be integrated into the creation of the honor code in every step,” Bowman says. “[The UC] wrote a short paper advocating a number of years ago for an honor code, so it’s something that we have been behind for a while...
...Europeans have long expressed dismay at the fact that millions of Americans have no health insurance, and tales of American suffering are always in the media. One such article appeared in Monday's edition of Le Figaro, France's biggest morning paper, which focused on a young woman who is dying of breast cancer in New York City's Bellevue Hospital because she had no health coverage and didn't get her diagnosis in time. "She might live to see President Obama sign the law, but she won't benefit from it," the article said...
...Aside from concern for the well-being of Americans, Europeans had another reason to want to see health care reform pass: Obama's political standing. Obama remains hugely popular in most of the continent, and European papers have treated the health care vote as a measure of the President's ability to push through his other policies. An editorial in Monday's Le Monde newspaper in France, titled simply "A Victory," referred not to the big news in France that day - the left's strong showing in the French regional elections - but to Obama's health care success. The President...