Word: part
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Dates: during 2000-2009
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...More than mere financial regulation, real responsibility on the part of bankers and those on Wall Street is needed, given the absurdity of inventions flowing from these banks. Just because something can be securitized does not mean that Wall Street ought to underwrite it. Financial engineering must be constructive and bear value not just to financial firms, but also to the inherent goals of the world of finance—providing credit and financing to firms and households. The industry’s latest ideas seem more like “Modest Proposals” than serious pitches, more tongue...
Whatever its origin, the Labor Day rule has perennially met with resistance from high-fashion quarters. As far back as the 1920s, Coco Chanel made white a year-round staple. "It was a permanent part of her wardrobe," says Bronwyn Cosgrave, author of The Complete History of Costume & Fashion: From Ancient Egypt to the Present Day. The trend is embraced with equal vigor by today's fashion élites, Cosgrave notes - from Marion Cotillard accepting her 2008 Academy Award in a mermaid-inspired cream dress to Michelle Obama dancing the inaugural balls away in a snowy floor-length gown. Fashion...
...about what he viewed as the health-insurance industry's "duplicitous" behavior in the current health-reform debate. In his testimony, Potter outlined specific techniques insurers employ to "dump the sick" and protect stock price at all costs. His testimony was logical, specific and convincing, but that's only part of what makes Wendell Potter a perfect turncoat in the eyes of the pro-reform movement. (Watch an interview with Potter on CNNMoney...
...other part is his manner. Before Congress, at subsequent pro-reform rallies around the country, and in the many television interviews Potter grants, he plays the role of the soft-spoken dad, calmly laying out his indictment of the for-profit insurance industry with a slight Tennessee twang, his gray hair buzzed and a pair of wire-rimmed glasses perched on his nose. He isn't prone to hyperbole and, despite his having become a whistle-blower to "make amends" for the wrong he feels he did as a health-insurance executive, Potter is eerily calm, an island of serenity...
...negotiating table and on board with reform. Potter thought to himself, "Oh, jeez, Chris. Give me a break." Potter, who retired from Cigna in May 2008 after he became disillusioned with the for-profit health-insurance industry, decided to end his silence. (Potter's conversion was prompted in part by the 2007 case of 17-year-old Natalie Sarkisyan, who died shortly after Cigna initially denied her coverage for a liver transplant. Then presidential candidate John Edwards used the case as an example of why health-care reform was necessary...