Word: tough
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...Convincing every major economy of the virtues of a bank tax, though, remains the biggest challenge. Canadian Finance Minister Jim Flaherty, for instance, rejected a bank tax out of hand earlier this month, favoring instead a wider implementation of some of the tough rules that left his country's banks relatively unscathed by the crisis. But the publication next month of the International Monetary Fund's recommendations on bank taxes - a report commissioned by the G-20 countries last year - might help coax reluctant nations into considering the measure. "Some countries feel they did their homework," says Arturo De Frias...
...same could likely be said of Dartmouth, a team coming off a tough loss of its own—a 15-3 defeat at the hands of No. 10 Duke, whom Harvard (4-2, 0-1 Ivy) faces next Friday...
...should there be too many tricks this weekend. It’s a game between two talented squads with winning records seeking to bounce back after tough losses and make a dent in the Ivy League...
...Harvard is not going into the weekend untested, having already played a tough schedule, including then-No. 15 New Hampshire, No. 11 Boston University, and No. 4 Penn...
Congress has made useful progress on some of these steps but faces fierce fights against industry lobbyists in the months ahead. Their ability to keep tough protections as well as develop regulations and structures in concert with the international community will determine whether these regulations are meaningless or create a new foundation for the financial system—and the latter is absolutely necessary to prevent another international crisis...