Word: commitments
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...managing partner, sits behind a desk at one end of the noisy trading floor. The buttons on his phone light up and he answers himself-often to call a quick meeting with partners on the floor to decide whether the firm will commit millions on a deal. Says one partner: "Billy never second-guesses...
Salomon Bros.' individual traders, like Perry, have been known to commit as much as $150 million on a single Government bond deal, and it takes a certain kind of stomach and nervous system to withstand the pressure. According to Billy Salomon, the best traders are intuitive oddsmakers and could be just as proficient at gambling if that were their calling. Many of them, including Salomon and twelve other general partners, never went to college...
...Lord, we commit this boy, thy servant, to your hands," the minister prays, and all the good citizens nod their heads solemnly. Many have buried mothers and fathers already, and they know the protocol of death...
...long waits for trial in the clogged D.C. courts; preventive detention would permit judges to hold potentially dangerous suspects for up to 60 days. The effort to check recidivist crime, critics charge, would surely result in denial of bail to some innocent suspects, and to others who would not commit further crimes. Moreover, detention hearings might jam the courts still further. Repeater crimes could be cut more fairly, the opposition argues, by surveillance of bailed suspects and speedier trials. In fact, some of the bill's best sections take just that approach. Bail supervision would be expanded...
...only 12% lead to arrests, only 6% to convictions and only 1% to prison. Thus, in the U.S. today, the chances of being punished for a serious crime are three in 100. Moreover, one-third of the inmates released from the nation's so-called correctional system later commit other...