Word: systemic
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...attempt to do so. 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...
Each mother ship and raider requires high- end GPS, radar and sonar. The best radars available for small ships run about $4,000. High end GSP system cost about $1,500, and sonar systems a little less than $1,000. All of the equipment runs about $400,000 for 12 trawlers and 50 raiders before installation costs. Once again, this is not an annual cost because most of the hardware can be used for several years...
Director of Undergraduate Studies and Professor Mark J. Schiefsky, who guided the curriculum proposal approval process, said that the new system allows the department to offer a wider variety of courses...
...Confirming his own observation, Darnton continued, “I have to admit, Mike, that I’m not different from others.” “I though you were going to surprise me now, Bob!” Smith replied. The library system was in a process of erosion even before the financial crisis, said Darnton, who worried that the cost-cutting measures of the next few years would compromise the importance of libraries on campus. But Darnton sought to stray a little from the mold of questions based on narrow interests, saying he was concerned...
...These are not working groups put there to try to squeeze more efficiency from the system,” said Smith, who stressed that the groups would seek to make academic programs more cost-efficient while maintaining the quality of education...