Word: bankrupted
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...news that more than three-quarters of the 900 eighth-graders who took a national math exam scored at "below basic" levels. In October 2008, some 57% of Detroit third- through eighth-graders essentially failed a state writing test. Detroit's graduation rate is 58%. "The system is academically bankrupt. This is almost academic homicide," Bobb says. (See pictures of a public boarding school...
...Organizational malfeasance in general depends on this kind of risk analysis," says Siler. "Look at a place like Enron. People took a lot of small chances and won, then took big chances and lost big." Indeed, Siler points out, during the recent financial crisis, an entire nation - Iceland - went bankrupt in a similar way, trusting high-risk, high-reward investments that quit paying...
...Tuesday, an op-ed penned by Lewis went live on the Huffington Post’s Web site with the provocative title, “Larry Summers, Robert Rubin: Will The Harvard Shadow Elite Bankrupt The University And The Country?” It is still listed as one of the most popular blog posts on the Huff Post, with over 270 comments...
...scientific community is so nervously excited about epigenetics. In his forthcoming book The Genius in All of Us: Why Everything You've Been Told About Genetics, Talent and IQ Is Wrong, science writer David Shenk says epigenetics is helping usher in a "new paradigm" that "reveals how bankrupt the phrase 'nature versus nurture' really is." He calls epigenetics "perhaps the most important discovery in the science of heredity since the gene." (See the top 10 nonfiction books...
That's particularly true in California, a state in almost perpetual crisis - it's "effectively bankrupt," as Whitman likes to put it - with a budget deficit befitting Argentina and crises with water, highways, prisons, schools, immigration and unemployment. The legislature and the governor are openly hostile to each other, and the electorate is disgusted with both of them. (Their approval ratings are 18% and 28%, respectively.) This state of affairs is alternately described as the end of civilization or America's bright future, depending on whom you ask. Driving around the state, you'd never know that California...