Word: summers
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...December, the Securities and Exchange Commission (SEC), which oversees the agencies, passed new rules to inject more transparency into the ratings process and to better mediate conflicts of interest. But those rules were severely watered down from what the SEC had proposed the summer before and subsequently dismissed by people who had been hoping for genuine reform. (See 25 people to blame for the financial crisis...
...Over the years, the judgment of ratings agencies has become enshrined in countless laws and private contracts; ratings are a key yardstick in how state and federal regulators determine the safety of banks, insurance companies, money-market mutual funds and other parts of the financial system. Over the summer, the SEC proposed some rules that would start the reform movement at home, undoing the agency's own dependence on the ratings agencies. (Read "A Brief History Of: Ratings Agencies...
...Extension School also features a course titled “Writing the Novel,” which is taught by William J. Holinger, a former Expository Writing preceptor and current director of the Harvard Summer School Secondary School Program. Holinger has been teaching this course for over a decade, although this year he revamped it to present the material in a different way—emphasizing point of view, voice, and narration, as well as narrative structure and plot...
...Indeed, in many cases, the desperate effort to add on more courses and yet more extracurricular activities does seem like a frantic attempt to fill time. Students cram the day with meetings and work so that there is not the slightest opportunity for conversation. Summer vacation? Internship. Winter vacation? Fall back on the middle-school tactic and ask for extra work, formally known as the J-term...
...monks calmly ate rice and curry, as angry protesters milled around them, brandishing photographs they said proved that soldiers had fired directly at the Red Shirts. "I came not to protest but to cheer up people who are fighting for justice," said Pramaha Chartree, from the Sotorn temple. Last summer, at nearly the same place, other monks said almost the same thing - but in support of the Yellow Shirt crowds who had camped out in front of Government House. When even monks find their loyalties divided, there promises to be no easy karmic fix for this predominantly Buddhist kingdom...