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...Still, the research does suggest that when you start out with a complicated name, you have a steeper hill to climb, and that goes for abbreviations and initials too - something that Wall Street, which sells what may now be the most dangerous products around, might want to keep in mind. Schwarz cites a 2006 study in which investigators found that on the first day of trading, newly issued stocks with simple ticker symbols like KAR sold better than those with less pleasing ones, like RDO. "While the authors did not argue about risk perception," he says, "I believe risk...
...Khodorkovsky, all of whom had placed complaints with the European Court of Human Rights," says Claire Davidson, a spokeswoman for Yukos. But there could be a much higher cost in Russia, where the local media are already speculating on how a $34 billion payout could cripple the economy. Others suggest that, with a judgment against it, Russia could sever its ties with the European Council and the ECHR altogether. "This is speculation, but if it happened, it would be more than a loss," says Karina Moskalenko, a human-rights lawyer who has worked with Khodorkovsky. "It would be a disaster...
...went down. No one was ever surprised; we would continue talking in darkness until a generator started up. According to the Brookings Institution's Iraq Index, in January this year average Baghdadis were getting 13 hours of electricity per day, up from seven in 2008. A lot of statistics suggest that life in Iraq is improving - though, in the case of electricity, the same index estimated prewar levels to be 16 to 24 hours...
...first decade of the new millennium - from the September 11 attacks to the financial crash - it is the notion of the "black swan," the danger posed by difficult to predict, high-impact events. The short history of nuclear weapons is already scattered with unplanned and seemingly improbable incidents that suggest we feel more secure than we should. In 1995, a communication failure with the Russian Embassy led the Russian military to believe that a weather rocket launched off the coast of Norway was an incoming submarine-launched ballistic missile. In the 1980s, malfunctioning U.S. missile defense systems relayed information...
Administration officials suggest that some savings would come from controlling drug costs and changing reimbursement procedures. One proposal would have Medicare Advantage providers compete for government contracts for the first time, a move projected to save $130 billion over 10 years. Another would be to stop paying for individual procedures and instead pay one lump sum for an entire treatment. Savings would not appear immediately, but over 20 years, they could total in the hundreds of billions of dollars...