Word: scenarios
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...Gourguechon finds the endless speculating exhausting. "Initially we were talking about electrical failure, yesterday we were talking about icing conditions, tomorrow we will talk about something else," he says. "ADIRU failure is as credible as very bad weather, hail, an electrical failure. I would not give priority to one scenario...
...world of new and complex financial instruments, putting hundreds of billions of dollars on the line, the company’s top brass was unconcerned.AIG had hired Gary B. Gorton—a financial economist at Yale—to use quantitative models to project the worst case scenario for the company’s balance sheet.Using historical data, the models predicted a rosy future not too-unlike the recent, prosperous past, giving AIG’s leadership confidence in entering uncharted markets.But by last September, one of AIG’s gambles had all but destroyed the institution?...
...Australians' March report concluded that the October dive was due to a series of events that, when combined, was "close to the worst possible scenario that could arise from the design limitation in the AOA processing algorithm." Airbus also told investigators that this particular mathematical formula for flying the plane is found only on its A330 and A340 models. "Different algorithms were in use on other Airbus types, which were reported to be more robust to AOA spikes," the report said. "The manufacturer advised that AOA spikes matching the above scenario would not have caused a pitch-down event...
...Court ordered cert and issued a stay in a certificate, which I find highly implausible - it would enrage the Senate and appear blatantly political," says Norm Ornstein, a scholar at the conservative American Enterprise Institute. Everything about the Franken-Coleman battle, of course, is blatantly political, but under this scenario, the U.S. Supreme Court would have to overcome its preference for staying out of state disputes and take up the case in its current session - a rare but not unheard of move (see Bush v. Gore...
...plane encountered stormy weather over the Atlantic Ocean, French officials said, and then suffered an unknown failure possibly caused by a short circuit. Speaking to France Info radio, the French government minister supervising the search for the aircraft, Jean-Louis Borloo, said, "We must seriously imagine the most tragic scenario...