Word: paperworks
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Henry estimates that following up on tax evaders costs the IRS $400 per case, in addition to adding a lot of paperwork and confusion to the system...
...surge of trading has roused fears that Wall Street may again be heading into a repetition of the paperwork snarl that overwhelmed brokers from 1967 to 1969. Chairman Donald T. Regan of Merrill Lynch, Pierce, Fenner & Smith last week urged that brokerage houses be prohibited through quotas from accepting more trades than they can process without delay. Recognizing the danger signs, the New York Stock Exchange last week ordered one medium-sized firm to limit the volume of its business...
Even though computers have taken over much of the paperwork load, Wall Street may now lack sufficient experienced hands to deal with sustained high volume. About 7,000 employees were laid off last year as firms cut their costs to match their reduced volume. Many of those people have found permanent jobs with banks and insurance companies. If the trading frenzy grows, brokerage back offices "are going to end up in the same predicament again," warns Sam Bard, president of the Committee for Investors' Protection. Plus ça change, Wall Street has yet to prove that it has learned...
...Soviet Union, we welcome a patient when he comes to his polyclinic with the earliest possible signs of illness." The welcome can be warmer than the treatment. Patients complain that polyclinic doctors are too rushed to spend enough time with them. Doctors complain about the volumes of paperwork required by the state. But both agree that the service is as personal as volume permits...
Women are here to listen to us talk and to sleep with us. Other women get paid a few dollars an hour to serve us more potatoes, sir, or to do the paperwork necessary to record our decisions and make our success easier. It is not necessary to wonder how demeaning their roles are, for they are meant to stand behind our success...