Word: problems
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Dates: during 2000-2009
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...There's only one problem with the new policy: "It's just completely wrong," says Jimmy Wales, Wikipedia's co-founder. Wales says that reports of Wikipedia's clampdown to prevent errors have themselves been in error. Wikipedia's ruling body of volunteers never decided to impose restrictions on all articles about living people. Instead, the site will adopt "flagged protection" - the new method for requiring editorial approval before changes to Wikipedia go up - for a small number of articles, most likely on a case-by-case basis. (See the 50 best websites...
...case of big banks like Bank of America or Citigroup, the upfront payments could run to a few billions. But the FDIC and analysts say banks will be more than able to cover it. Cash flow is not their problem. Capital is. And because the prepayments won't hit earnings, at least not initially, those capital ratios we have been worried about to show if banks are solvent won't change. Banks, all too familiar with accounting tricks, seem overjoyed by the FDIC's solution...
...problem with the FDIC's solution is it does nothing to keep its fund officially out of the red. That's because the same accounting that allows banks to hide the costs will prevent the FDIC from marking up its own assets. Just as the banks get to add an asset to their balance sheet for the money they are prepaying, the FDIC has to book a liability for the money that it has received from the banks but is not actually entitled to yet. That liability will lower the balance of the FDIC's fund by the same amount...
...Murray’s success is emblematic of a fundamental problem with this recruitment system, some critics say. The two-year lag between when firms extend job offers and when employees begin their first year forces firms to predict associate demand far in advance of the start date and leads to inaccurate predictions of hiring needs...
Reforming this system poses a typical adversarial cooperation problem for firms who fear that other firms might cheat the system by keeping the old methods in place and attracting the best recruits with a cushy compensation system. But Wilkins said that the financial crisis has placed sufficient pressure on the legal industry to make cooperative reform possible...