Word: reformations
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...banks' reporting suspicious characters makes it quite possible that a quiet, close-to-the-vest player like Madoff who is not part of any global crime syndicate could operate comfortably for a long time and have a happy bank as his unwitting accomplice. Perhaps in this new push to reform bank practices, that process is worth revisiting...
...process, the state claims to have reduced recidivism rates for juvenile offenders to 10%, compared with a national rate of 40% to 50%. "We cannot incarcerate our way out of this problem of juvenile crime," says Shay Bilchik, director of Georgetown University's Center for Juvenile Justice Reform, who served as Clinton's point person on juvenile issues at the Justice Department...
...elected in April 2006. Just a few months after that poll, anti-government protesters in Budapest attacked the Hungarian state TV building, clashed with police, and set fire to vehicles during several nights of violent riots. The riots were sparked by the government's unpopular reform program, which aimed to tackle everything from healthcare and pensions to the size of the state bureaucracy. (See pictures of riots...
...point, analysts declared the reform process dead. But before his resignation, Prime Minister Gyurcsany proposed a new package in response to the financial crisis. Again, critics dismissed this plan as too little too late. Krisztian Szabados of the Budapest-based think tank Political Capital called it "weak" for not going "far enough" in cutting spending and taxes...
...Fidesz has been vague about the reforms it would implement, creating the belief among many supporters that it can reform the economy without the painful reforms and austerity measures analysts say are desperately needed. "The big question is whether the public is prepared for reform from a credible new Prime Minister," says Szabados, "or a Prime Minister who still believes in managing the crisis without pain?" (See TIME's pictures of the week...