Word: systemically
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...little more than $100; Nevada and Delaware will do it all in an hour for $1,000. Then, for modest fees, enjoy the illusion of legitimacy, complete with a telephone listing, receptionist, banking services, shareholders and directors. "The bottom line is we are giving criminals entree into our financial system," says Janice Ayala, deputy assistant secretary of Immigration and Customs Enforcement, which leads federal anti-money-laundering efforts...
...principles that Apple has formally announced make no sense on the iPad platform. You could at least make a plausible case that Flash and multitasking were too resource-intensive (and thus battery-draining) for mobile-phone usage, just as you could make the case that a phone operating system needed more security scrutiny for third-party apps. But these arguments no longer make sense when you're talking about a computing platform with 10 hours of battery life, a blisteringly fast CPU and ambitions to replace your laptop. It's fine for Apple to be secretive when it talks about...
What should Washington be doing? We need to do something about firms that are too big to fail. These firms have become loss transmitters and accelerators to the rest of the system. We need to distribute the risk, not concentrate it in a few very large players. There are a number of ways to do that...
...June election, Khamenei pre-emptively declared Ahmadinejad the winner before challenges to the vote count could be heard and declared that the incumbent was his preferred candidate. By so clearly taking sides, the Supreme Leader diminished his authority and ability to resolve disputes in the country's political system, making his own role a target of protests...
...difficulty is that any compromise would almost certainly have to involve Khamenei moving against Ahmadinejad, initiating a process within the political system that would involve the incumbent either being ousted or having his power considerably diluted. The leaders of the opposition risk losing the backing of their supporters in the streets if they are too willing to reconcile themselves with Ahmadinejad, given all the blood that has been spilled over the past six months. (See TIME's Pictures of the Week...