Word: protectant
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...government’s gaze. Geithner’s plan to address systemic risks in financial markets is comprehensive, if still relatively non-specific. Presented to lawmakers last Thursday, the proposal outlines general changes in four areas: the limitation of broad economic risks, the enhancement of consumer and investor protections, the closure of gaps in regulatory oversight, and the global coordination of any actions that are undertaken. The most aggressive of Geithner’s reforms would establish a systemic-risk overseer—possibly the Federal Reserve—that would serve as a super-regulator in charge...
...incredible that a few flimsy craft, doomed to sail a few feet and then crumple in flames, posed a real safety threat. Obviously, students cannot be allowed to endanger themselves and others with reckless behavior, but a degree of trust must be maintained between authorities and those whom they protect. We fail to see the pressing danger of the popular boat release commensurate with the enthusiasm of the police response. HUPD plays a key role in the lives of all Harvard students, maintaining their safety and peace of mind. Yet, as a college police force, discretion should be the crux...
Studies suggest that people who are able to focus on the positive fallout from a negative event - basically, cope with failure - can protect themselves from the physical toll of stress and anxiety. In a recent study at the University of California, San Francisco (UCSF), scientists asked a group of women to give a speech in front of a stone-faced audience of strangers. On the first day, all the participants said they felt threatened, and they showed spikes in cortisol and fear hormones. On subsequent days, however, those women who had reported rebounding from a major life crisis...
Geithner argued that the power is needed to ensure that a floundering firm doesn't start a domino collapse among other companies doing business with it, thereby posing what regulators call "systemic risk" to the whole economy. "This is a prudent, carefully designed proposal to protect our financial system," Geithner said, arguing that if Treasury had had that power a year ago, it could have handled the collapses of Bear Stearns, Lehman and AIG very differently. Other Democrats said the power isn't so radical at all; the FDIC already takes over traditional banks on the verge of collapse - when...
...clear," Geithner told the committee. "The days when a major insurance company could bet the house on credit-default swaps with no one watching and no credible backing to protect the company or taxpayers must...