Word: understands
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Dates: during 2000-2009
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Main and Wall are never going to love each other. And they probably shouldn't, because their interests aren't identical. But if we're going to get through this mess as a society and regain our prosperity, Main Street and Wall Street need to understand each other. And they don't. (See how Americans are spending...
...divisions at AIG that brought down the firm - financial products and stock-lending - didn't understand what they were doing. Financial products wrote credit-default swaps - sorry I'm not pausing to explain them, but most eyes would glaze over if I did - that they thought were riskless but turned out to be ultra-risky...
...problem isn't really pay; it's competence. The CEOs didn't understand the fine print. These firms collapsed out of ignorance fueled by avarice - a particularly toxic combination. Under the circumstances, Feinberg is doing the best he can. But what he's doing is more symbolic than real (although symbolism does matter). Meanwhile, genuine reform of the financial system is bogging down. Wall Street wins again...
...understand how difficult it can be for people to be reminded of those who are no longer with them, which is why it's important when someone passes away that their friends or family contact Facebook to request that a profile be memorialized," Kelly said in the post. To discourage pranksters, Facebook does require proof before sending a profile down the digital river Styx. Family or friends must fill out a form, providing a link to an obituary or other information confirming a user's death, before the profile is officially memorialized. Once that is completed, the user will cease...
...family members have long sought an independent inquiry into the events leading up to and immediately following the bombing to determine whether any government policies in place at the time were indirectly to blame for the attack. "Underpinning our request for this inquiry is our belief that unless we understand and acknowledge the complicated series of events that led to the decision to put a bomb on Flight 103, no lessons will be learned," Pamela Dix, whose brother Peter died in the bombing, wrote in a commentary in the Guardian newspaper on Monday. (Read "Lockerbie Bomber Returns to Cheers...