Word: systemic
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...entirely possible that we'll never find any proof that life exists anywhere else in our limited little solar system. But courtesy of our own Antarctic, we now have one more piece of proof that it could...
...question of the week. Just a few months after the near meltdown of the financial system, Citi, JPMorgan Chase and Goldman Sachs all reported billion-dollar-plus profits for the quarter ending March 31. Wells Fargo, which won't be releasing its earnings numbers until next week, preannounced on April 9 that it made about $3 billion - a record for the firm. (See pictures of the dangers of printing money...
...demise of competitors is good for profit margins. For the past 40 years, the rise of a shadow banking system of securitization, investment banks, hedge funds and private-equity firms has taken business from conventional banks. Now much of that shadow banking system is gone, and the surviving banks - battered as they may be - are gaining market share in everything from mortgage lending to investment banking. As Wells Fargo shareholder and Goldman Sachs bondholder Warren Buffett put it on CNBC in early March, "This is a great time to be in banking, you know, if you just get past...
...their son for special education and therefore could not provide him the free and appropriate public education that was legally required. The district countered that, under IDEA, as revised by Congress in 1997, parents may seek reimbursement only after the child has already tried special education within the public system...
...should of course be obvious by now that the cartographic epistemic system functions in a role closely related to the cognitive task of memory, serving in part as an external memory storage system and in part as a system encoding previously completed cognitive actions. The 'memory content' of the map is greater than the knowledge of either the user or the creator...." -"Cartography and Memory" by Alexander Fabry