Word: revamped
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...billion to spend, how would you save the world? Would you invest it all in alternative energy research, to fight global warming? Would you revamp America's border and port security, to fight terrorism? Would you sign Kobe Bryant, Paul Pierce and Tim Duncan for the Philadelphia 76ers? (My personal choice.) Most of us might would make such a decision based on emotions - witnessing the pain of hunger, or experiencing the fear of nuclear terorrism. But what if there were a way to calculate the exact value of global priorities, a way to figure out just how much human suffering...
...Current Treasury Secretary Hank Paulson has already proposed a sweeping revamp of the financial regulatory structure. What hasn't really been answered yet - but could be by a new Administration - is whether we need an entirely new regulatory approach. Ever since Reagan took office, the approach has been to get out of the way and let financial markets work their magic. Now that it's clear just how much of this is black magic, there's a case to be made that financial innovation - especially when it's targeted at consumers - could do with much stricter oversight...
Still, despite the relatively low-key public response to the beatings, the situation could still change for the worse. The FBI and the local district attorney have said they are monitoring the department's internal investigation and could bring charges against the officers. Ramsey has been under pressure to revamp the department's policy on the use of violence in the face of 35 incidents in two years where police have killed civilians. Smith says the black community has its eye on Nutter - one of a new, younger, and largely untested generation of African-American leaders - and expects...
...selling more ad pages and adding more editorial features and increasing the frequency of publication.” Representatives from 02138 magazine would not comment on the recent deal. Manhattan Media, which owns a number of local New York newspapers like the New York Press, also plans to revamp its newly acquired publication as an instrument for social networking and event sponsorship. “We intend to build a social networking Web site for alumni to stay connected,” Allon said. “We hope it will offer a variety of services different from those...
Paulson's suggested regulatory revamp addresses this issue, sort of, by calling for the creation of a Conduct of Business Regulatory Agency with the sole responsibility of making financial businesses behave decorously. Far more catchy and to the point, though, is Harvard law professor Elizabeth Warren's year-old proposal--which Hillary Clinton has recently begun talking up on the campaign trail--for a Financial Product Safety Commission. It would be modeled on the Consumer Product Safety Commission, which keeps exploding toasters off the market. Such a body might stand in the way of financial innovation. But for consumers, that...