Word: papered
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...considering not immunizing their children to think twice. There is currently a growing movement to link the MMR vaccine with autism, yet the scientific community has already widely dismissed the claim that the vaccine causes autism. The original connection between the vaccine and autism was raised in a paper published in the British journal, The Lancet. After it was discovered, however, that the main author of the study had received funding from British trial lawyers seeking the evidence he eventually produced, 10 of the paper’s 12 co-authors redacted their contributions, and the scientific community...
...congressional panel has adopted Harvard Business School Professor David A. Moss’ recently released paper as the basis of its recommendation for increased regulation of financial institutions. The paper, written in January but released online last week, suggested that regulations are effective at preventing crises such as the current economic meltdown. Moss said he conducted research on behalf of the Troubled Asset Relief Program Congressional Oversight Panel, which was composing a statement on regulatory reform. The panel’s report drew on Moss’ work to promote insuring and overseeing “systematically significant?...
...Nationalization would obviously make taxpayers responsible for the losses these banks may experience in the future. But, the taxpayer is already likely to face that fate. The federal government is in the process of guaranteeing bad paper at the banks and may end up buying many of these toxic assets to keep losses at the firms at a level where they do not have to raise even more capital...
...Banks lend money to one another and charge interest in the process. The risk of borrowing from a firm owned by the government should be extremely low. Borrowing from a U.S. regional bank is, on paper, more risky. All inter-bank borrowing would almost certainly move toward taking money from the firms backed by the government balance sheet. Interbank lending among private banks could disappear...
...When he got here we were still using carbon paper ... He dragged us kicking and screaming out of the 19th century." - Danny Williams, a lieutenant in the Buffalo Police department, on changes Kerlikowske instituted, Seattle Times, July...