Word: lowenstein
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...Roger Lowenstein (Penguin Press; 339 pages...
Finally, and perhaps most importantly, Congress needs to take a hard look at how these banks are structured and the purpose they serve in today’s economy. As Roger Lowenstein wrote in a recent article, banks today make an overwhelming percentage of their profits from trading, in effect making them giant hedge funds-in-disguise that pose a stability risk to the market while also performing some banking operations. The Volcker rule, which would ban banks from engaging in proprietary trading, would change technical classifications that are easy to work around, as investment banks could shift risks...
...invasive species like the Rocky Mountain pine beetle, which has ravaged trees from Colorado to Montana, cause an estimated $120 billion worth of damage annually. "Invasives take over the habitat that native species need to survive and persist," says Frank Lowenstein, director of the Nature Conservancy's (TNC) Forest Health program and an expert on invasive species. "Eventually invasives just start replacing natives...
...often better able to adjust to changing climates than indigenous species, according to a study published last week in the journal PLoS ONE. "We have to recognize that we are the ones changing the natural world, and we have an obligation to do it responsibly," says TNC's Lowenstein. "Not just for the planet, but for our own sake...
...aftermath of the assassination of Robert Kennedy: "Life, and politics, went on. But not in the same way. Not for me. I was shaken to my core. I was implored to rejoin the political whirlwind less than an hour after Bobby expired. The activist Allerd Lowenstein found me on an elevator at the hospital and blurted that I was all the party had left. In subsequent days and weeks, Mayor Daley of Chicago led the voices of those who sought to enlist me as a standard-bearer against Richard Nixon. I told them all no. I understood very well...