Word: watchdogging
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...special three-person task force announced on Oct. 22 by President Reagan and headed by New York City Investment Banker Nicholas Brady. Its mandate: to study the market procedures that led to the crash and recommend ways to prevent a recurrence. Two other probes were started by the watchdog Securities and Exchange Commission and the Commodity Futures Trading Commission to study the extravagant volatility of stock and futures markets during the crash. Other studies of market behavior were being sponsored by the New York Stock Exchange and the Chicago Mercantile Exchange. Meanwhile, the House and Senate banking committees...
...export sales manager to "do what had to be done to get the business," the report says. That launched more than a year of globe hopping and clandestine meetings between Toshiba executives and Soviet officials, who eventually hatched a scheme to slip altered equipment past Japan's export watchdog, the Ministry of International Trade and Industry...
...among those students throwing rocks at the police to protest the government of the late South Korean President Syngman Rhee. The tradition started 27 years ago has proved to be a healthy social phenomenon for the country. Every society needs a watchdog to keep an eye on the people who hold power. In the U.S. the Constitution satisfies that need at the spiritual level; the press does so at the functional level. In South Korea students have filled the vacuum and have become the watchdog group...
...first boom time for rule writers came during the Great Depression of the 1930s. At the urging of President Franklin Roosevelt, Congress commissioned ranks of regulators to repair the economic damage and prevent its recurrence by monitoring banks, stockbrokers and other businesses. Among the new watchdog agencies were the Federal Deposit Insurance Corp. (1933), the Securities and Exchange Commission (1934) and the National Labor Relations Board (1935). When regulatory legislation was first challenged, a conservative Supreme Court thought the Constitution did not provide the authority for such federal meddling, but Roosevelt's appointment of more liberal members...
...porn? What harm does it do? According to the moral right wing, lots. "Erotic material is addictive, like drugs or alcohol," says Paul McGeady, general counsel for the watchdog lobby Morality in Media. "A husband says he wants to see what all this is about and buys a porn videocassette. But he is not satisfied with one that shows ordinary intercourse. Then he fantasizes that he is doing what he sees on the tape. Finally, he turns to his wife and wants to act out kinky sex. She says, 'Get lost!,' and the marriage breaks up." Nor is porn...