Word: reined
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...lips than his hands. He, like every new President, has reckoned with both the power and the danger of words, dangers that are especially great for one who wields them as skillfully as he. A promise beautifully made raises hopes especially high: we will revive the economy while we rein in our spending; we will make health care simpler, safer, cheaper, fairer. We will rid the earth of its most lethal weapons. We will turn green and clean. We will all just get along. (See pictures of eight months of Obama's diplomacy...
...program director of HKU/SPACE and a former food columnist for the Chinese-language newspaper Ming Pao. "People know they're from the States. People expect an authentic American flavor," he says. While U.S. brands are well-trusted in a city with widespread concerns about hygiene and food safety, Shaun Rein, managing director of the China Market Research Group, isn't convinced this will translate into a successful restaurant business. "7-Eleven is going to have a hard time," Rein says...
...Reining in the Banks At the World Economic Forum in Davos last January, some participants advocated radical measures to rein in banks, including regulating their operations so heavily that they would turn into low-risk utilities. No, said Jean-Claude Trichet, the president of the European Central Bank, that wouldn't solve the problem. What's needed, he argued, "are air bags, cushions and shock absorbers." Trichet has now detailed what he means. On Sept. 6, a group of central-bank governors and regulators from 27 countries that is chaired by Trichet published specific proposals that he said would...
...also played a key role in allowing things to get so bad. From ill-considered deregulation of banking and derivatives to over-the-top encouragement of home ownership, Washington's fingerprints were all over the crisis. Almost nothing has been done so far to right these wrongs, or otherwise rein in the excesses of the financial system. Which brings us to lesson No. 3: It's really hard for a democracy to make big changes in the absence of crisis...
...major programs of schools that fill our analyst program," Studzinski said. "One person this past year sneaked in from Yale, and we're monitoring him very carefully." He then informed the audience that "some schools produce people that are more quantitatively apt than others," before deciding to rein himself in a little, remarking that he had "no desire to see [his remarks on Yale] in tomorrow's press" and that he hoped nobody had any YouTube devices...