Word: marketing
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...clearinghouse industry has been another victim of the crisis. Clearinghouses grew rapidly in the wake of 2010 reforms that targeted the over-the-counter derivatives market. Clearinghouses were meant to bring a greater level of stability and transparency to derivatives trading. But this industry has become more fragmented than originally envisioned, and some argue that competition among clearinghouses has led to a “race to the bottom” whereby the clearinghouses require insufficient collateral from the SWIFTs they deal with. The Houston Power House is said to have large, uncollateralized exposures with Magna-SWIFT, and observers estimate...
Departments that have the fewest concentrators tend to teach subject areas that have more oblique connections to current affairs and fewer obvious paths to the job market...
Business and economics: The free market is still the foundation of prosperity, but the rules of the road have to change to align benefits and costs with decision-making. We have felt the consequences of bankers leveraging other people’s money on speculative bets or politicians dispensing favors using debt that will be saddled on the next generation. The new architecture of business and political economy will have to assure that those who gamble must bear their own losses, and that public spending does not distribute benefits today while postponing burdens until the next generation...
...friends know about everything from classic rock to actual rocks, the sensation of being with people who can teach you all kinds of things is absolutely delightful. Also, the large number of places that take Crimson Cash, including but not limited to Uno’s, Boloco, and Broadway Market, which sometimes allows you to buy wine with...
Marijuana legalization is a far bigger step than decriminalization or medicalization, which have already occurred in California and other states. Decriminalization legalizes possession of small amounts of marijuana, but it does not eliminate the underground market or permit easy taxation. Medicalization is closer to legalization, but it still leaves producers and consumers in a legal gray area and collects less revenue than legalization...