Word: toxicants
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...every dollar of wealth you had. It meant borrowing other people's money to invest in something you wanted to invest in, or to buy something you wanted to buy. On Wall Street, debt funded investments in pretty much everything a financial firm could bet on, including the toxic mortgage-backed securities that led the way into this crisis. On Main Street, it meant borrowing to buy a house or a condo - maybe two - then perhaps borrowing again off the increasing value of that property to pay for something else: a flat-screen TV, a new set of golf clubs...
...carbon footprint too. As the amount of electronics in our homes continues to increase - half of American households now own three TVs, up from 11% in 1975 - it becomes more and more important that they are energy efficient. Ditto the amount of plastic, metal and other raw materials - often toxic and too often non-recyclable - that go into making our PCs and stereos...
That attitude hardly emerged overnight. For the past few years, Greenpeace has been ranking and publishing electronics companies' greenness based on how toxic their products are, the efficacy of their recycling policies and their impact on the climate. (The Finnish cell-phone company Nokia holds the top spot, while Nintendo and Microsoft lag at the bottom.) The public scolding has helped prompt electronics makers to start changing product design and production - and encourage a private shift among electronics-industry workers, who, like many Americans, are gradually focusing attention on the environmental value of their work. Their bosses have noticed...
...ground in Bala Beluk, the trainers see a more pressing reason to have embedded mentors: preventing the newly trained police from backsliding into old practices, and protecting them from corrupt officials who are threatened by clean cops. They compare Bala Beluk to 1970s New York City, with its toxic mix of gang warfare, corruption, organized crime and drug commerce. Khodaydad, they say, is an Afghan Frank Serpico, the cop who exposed systematic and widespread corruption within the city's police ranks, and was shot by heroin dealers in what was thought to have been a hit organized by corrupt colleagues...
...were forced to resign following revelations that unauthorized derivatives trading last week produced a $810 million loss. On Sunday, meanwhile, the Netherlands said it would inject a further $13.5 billion into troubled finance company ING - another indication that European banks may not yet have entirely accounted for all the toxic debt they assumed...