Word: raters
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...system in which getting a rating of a particular level is equivalent to "a regulatory license - a key that unlocks the markets," says Frank Partnoy, a law professor at the University of San Diego. In 1975, the SEC, in an effort to better define who was a legitimate rater of bonds, designated certain firms "nationally recognized statistical rating organizations" (NRSROs). Today, if you are a bank or a pension fund or an insurance company you have a firm grasp of the safety of your bond holdings - they're as safe as an NRSRO has told you they...
...long-sought goal of parity with the Japanese firms Honda and Toyota as they are to collapse. In the past couple of years, Detroit has closed the quality gap. Its cars are competitive on engines and drivetrains and fits and finishes. Some top-class products score well with car rater J.D. Power, such as the Cadillac CTS and Ford's new F-150. "What exposes us to failure now is not our product lineup or business plan or our long-term strategy," GM's Wagoner told Congress. "What exposes us to failure now is the global financial crisis...
...indie for astrology anymore.The playlist-check is the ultimate Information Age interaction. There, in glowing black and white, is a complete set of personal information. Conversation? Unnecessary. Just scan the iPod. Within it lies infinite personality indicators. What are his 25 most played? Is she a rater? How long did it take him to get the new TV on the Radio album? It’s like a fingerprint with nuance.There is no denying the link between music preference and personality. In a series of studies conducted in 2003, researchers at the University of Texas at Austin scientifically demonstrated...
...film is strongest in exposing the capriciousness of the standards for judging movies. "There was no rater-training process," Jay Landers, a former member, tells Dick. "People were hired, they were put into the screening room, put into the rating chair and started rating films." Further, those who challenge the MPAA rating for a particular film are not allowed to cite movies with similar scenes that got a milder rating. "It's not like a legal proceeding where you can quote precedent," says Wayne Kramer, director of The Cooler. The legal equivalent to this strange rule would be that every...
...sexuality - his brief clips from NC-17 films. And when he asked about the qualifications for board membership, adding that he might be a good candidate because he's a parent with an interest in film, Graves drolly drawled, "I don't think you'd be a very good rater...