Word: weatherized
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Dates: during 2000-2009
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...Super Bowl Sunday evening in the Rauch Planetarium. The city's Oxmoor Center may have well been the busiest shopping mall in America this weekend: it became a temporary haven for powerless residents seeking a place to warm up while they window shopped. (See pictures of weird and wacky weather...
...BofA wasn't alone. By early 2008, nearly all the big banks were poorly positioned to weather a downturn - particularly this downturn. Accounting rules demand that banks take a hit to their earnings by the value of a loan when it becomes clear a borrower is not going to pay it back. When a bank's loan losses are greater than its income, it has to take money from its shareholders' equity account to make up the difference. That's a big deal for a company's investors. If shareholders' equity is wiped out, their stock is effectively worthless...
...years, the National Transportation Safety Board (NTSB) has pushed the Federal Aviation Administration (FAA) to impose tougher regulations on the medical helicopter industry. In 2008 the board placed rules requiring terrain awareness technology, flight and weather tracking systems, and stricter weather minimums at the top of its "most wanted" list of changes to reduce fatalities. The board first recommended these changes three years ago. Had the FAA implemented them, 29 of the last 55 accidents could have been prevented, says NTSB vice chairman Robert Sumwalt. "We want to pressure the FAA to make changes so that these crashes stop occurring...
...January, the FAA agreed to make one of the changes, requiring helicopters to fly under the same weather rules whether or not a patient is on board. Other changes are being studied but will come slowly; the agency just released its first, voluntary guidelines regarding terrain awareness systems in December. "We don't feel that the FAA is moving fast enough," Sumwalt says...
...company is spending $30 million to upgrade most of its helicopters with night vision goggles, terrain awareness systems, and technologies that track flight progress and weather. Air Methods will spend another $30 million training its pilots to use the new systems, plus $1 million a year to equip and staff an operational control center that monitors all flights. "We're going above and beyond what the rules require," Foster says...