Word: revampment
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...report to Congress, the special inspector general overseeing the government's $700 billion financial bailout offered some grim news and a stern warning. Neil Barofsky said he had begun "almost 20 preliminary and full criminal investigations" into allegations of fraudulent use of bailout funds. He urged the government to revamp the bailout rules so it can better track spending. According to Barofsky, the bailout's Public-Private Investment Partnership program, in particular, is "inherently vulnerable to fraud, waste and abuse...
...sometimes been perceived as overly competitive and unwelcoming to its student body—an image Kagan worked to help the Law School shed since assuming the deanship in 2003. As dean, the student-friendly initiatives Kagan promoted ranged from free coffee in the renovated Harkness Center to a revamp of the J.D. curriculum, which was the most significant overhaul in over 100 years. Kagan also presided over a significant expansion of the faculty, picking up numerous illustrious scholars from rival institutions. Among the Law School’s student body, Kagan enjoyed great popularity, and when she was passed...
...That’s a shame, especially since actively encouraging study abroad doesn’t take an institutional revamp. Many of the resources are already in place at Harvard, through institutions like the Office of International Programs, but are simply underpublicized...
...lessons should be obvious from this episode for Harvard fans. First and foremost, there is a need to revamp the college recruiting process in a way that makes the NCAA a legitimate governor or owner of the process. Right now, the byzantine code that governs recruiting is virtually impossible to understand, allowing coaches both good and bad to take shelter with excuses about the clarity or application of NCAA guidelines. In the end, there is no question that the recruiting process needs to be revamped...
...consumers' needs for fuel-efficient yet stylish cars - and that have flexible manufacturing plants to turn out the hot products on demand - are likely to find huge opportunities for growth once the economy recovers. That's partly why there's so much riding on the Administration's plans to revamp GM - and why it had better happen fast. If U.S. automakers don't take advantage of the coming car boom, the rest of the world will. See pictures of Detroit's decline...