Word: factor
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Dates: during 2000-2009
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...bank's controls from his previous job at the bank in order to bypass the control system and create his own rogue operation. That revealed a crucial hole in the bank's security, says Mark Thomas, an analyst with Keefe, Bruyette & Woods in London. "The single most important factor [in security] is that the risk-control function is independent of traders," Thomas told TIME on Thursday. "You would typically put extra supervision on that person for a couple of years." Said ABN Amro's Lakhani: "This was management's biggest nightmare...
More than a decade later, those assurances sound thin to some analysts. "This raises huge questions marks about whether you can fix the rogue-trader risk," says Pierre Flabbee, head of banking-sector research for Landsbanki Kepler in Paris. "This demonstrates that you cannot. The human factor is one you cannot control 100 percent. The more sophisticated procedures become, the more sophisticated employers become...
...limit is the acceptable limit of safety, which includes a 10-fold safety factor. That's not a risk level. That's the accepted safety level [0.1 mcg of mercury per kg of body weight per day]. That's 10 times lower than where the EPA determined that risk was occurring - which is a prudent safety limit to be certain that there is no risk. So, for example, if six pieces of tuna sushi a week would put you at the limit, that means you would have to eat 60 pieces to get to the level where the EPA determined...
...Just how far and fast Netizens are able - or allowed - to go will be a critical factor in the formation of China's still embryonic civil society. There have been numerous recent demonstrations of the emerging power of the Internet, ranging from exposés of corruption to a web campaign that led to the freeing of hundreds of children and mentally handicapped men who had been kidnapped and forced to work as slaves in brick kilns to the relocation of a chemical plant away from the port city of Xiamen. Still, citizen journalism can be deadly work. Earlier this...
...report says that there is not just a qualitative factor involved in the educational level of the recruits but consequences in terms of cost and expense. While all recruits must have a high-school diploma or a general equivalency degree (GED), Army studies show that about 80% of those with diplomas complete their first term of enlistment - usually three years - compared to only half of those with a GED. The higher dropout rate means those missing soldiers must be replaced, which drives up military spending because of the need to spend money recruiting, outfitting and training new troops; the cost...