Word: strictness
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...corralled her into folding dumplings with strict instructions: Don’t make the dough wrapper too soggy; don’t put too much meat filling or you will not be able to close it up. She helped me and my friends make 800 pieces of sushi and 300 dumplings for a pre-frosh welcoming reception. In turn, she taught me about the Super Bowl (she was a Steelers fan) and helped me fill out my first (and only) March Madness bracket...
...have universally opted to keep their assets below the $100 billion “Too Big to Fail” threshold that regulators use to classify any financial institution as systemically significant and hence subject to added supervision. Given these two facts, SWIFTs have not been subject to the strict capital and liquidity requirements imposed on banks in wake of the global financial crisis of 2007-2010. In the meantime, the major banks, unable to compete with the low funding costs of the SWIFTs, have stuck to more traditional lines of business, which, while steadily profitable, have shrunk considerably...
...Harvard has a very strict ‘look out for number one’ policy in that respect,” says Thomas A. Johnson ’11, president of the Harvard chapter of Sigma Alpha Epsilon. “They treat us like we’re children, like we’re all enormous liabilities—and quite frankly, that’s disheartening...
...begin with, Harvard has been overall unsuccessful in its attempts to provide a liberal-arts education. The burden of unexciting, core survey courses combined with fairly strict and rigorous concentration requirements provide for very little room to truly experiment. On top of this, the cutthroat environment around letter grades and GPA, which is perhaps unwittingly fostered by departments, the administration, and the Office of Career Services, ensures that even if we do test uncharted waters, we won’t really have the courage to do anything with it. Our hands are full—or at least...
...running out of money. This is why all of the major banks only received Troubled Asset Relief Program funds in concert, even though some of them needed the funding more than others. This is also why the Federal Reserve must have the power to support the financial system without strict disclosure requirements. The mere appearance of needing help during a time of crisis could bring a bank down...