Word: reforming
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...Johnson, of the Roosevelt Institute, says the single most important reform would be to force unregulated financial products, such as credit-default swaps (CDSs) and collateralized-debt obligations (CDOs), onto government-watched public exchanges. CDS contracts are widely blamed for the demise of insurer AIG. Johnson says that making the CDS, CDO and other markets like them more transparent would limit the ability of financial executives to take the extreme risks that can cause their firms to fail when markets go awry...
...programs. According to the team behind the Science study, however, that could prove disastrous. "Test and treat has been designed based on overly simplistic modeling. It is misguided and could lead to very serious public-health problems in resource-constrained countries," Blower says. (See 10 players in health care reform...
...proving to be a challenge given the policy differences, competing egos and vested interests involved. In an effort to try to iron out the partners' differences, the leaders of all three parties will meet for dinner on Jan. 17 to discuss a host of issues: tax cuts, health care reform, Afghanistan - and the future direction of the government. Merkel is sure to be hoping that a consensus can be reached without the talks devolving into a food fight. (See pictures of the rise and fall of the Berlin Wall...
...Merkel has been at loggerheads with the FDP over tax reform for months. The FDP has insisted that the government stick to the compromise agreed upon during the coalition talks to introduce additional tax cuts worth $35 billion in 2011. But given Germany's soaring budget deficit, Finance Minister Wolfgang Schäuble, a member of the CDU, is now reportedly looking to postpone the tax cuts until after...
...posthumously accused the President and First Lady of ordering his Mother's Day murder last year. His words, left behind in a video taped days before he was shot to death on a tree-lined boulevard, sent tens of thousands of protesters into the streets and sparked youth-led reform movements. But the case that once seemed powerful enough to topple a presidency came to a bizarre end on Jan. 12 as investigators concluded that Rosenberg, distraught over the murder of his girlfriend and her father, ordered his own death...