Word: rule
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...Besides, they are the exceptions that prove the rule,” Summers might have added, the rule being exemplified by Newton, Einstein, and Will Hunting...
...mont, a co-founder of PEOCS and a co-author of its upcoming book A la Découvert des Grands Patrons (Fleshing Out the Big Bosses). "You hear and read a lot about dynamic new companies and rising CEOs, but those are the tiny exceptions to the wider rule: French business is controlled by a small élite of very powerful men free to decide things as they wish - so long as they don't screw up." (See a TIME video on doing business in France...
...Obama's Economic Recovery Advisory Board, has spent the past year getting frozen out of the White House while blasting Wall Street as a glorified casino; yesterday, he stood next to Obama as the President described the proposed ban on proprietary trading by commercial banks as "the Volcker rule." Other White House economic aides have also chafed at the influence of Geithner and Summers; one of them recently told me that if I wanted to understand financial reform, I should talk to MIT's Simon Johnson, who until last week was trashing the Administration's reforms as a cave...
...media policy. "We suspect that this maneuver is aimed at slowing the growth of the web's video offerings by a government that has a personal interest in supporting private TV." Dario Denni, head of the Italian Association of Internet Providers, used this analogy to describe the new rule: "It's like assigning responsibility for what drivers do on the road to the highway-maintenance company." (See TIME's tech buyer's guide...
...curb property speculation, Beijing has reintroduced a sales tax on residences resold within five years of their purchase. Earlier this month the State Council introduced a rule that requires a 40% down payment on the purchase of a second home, and on Jan. 12, China's central bank raised the reserve requirement for commercial lenders in an effort to control the torrid growth of credit after the value of new loans more than doubled last year. (See pictures of the best-selling cars in China...