Word: processing
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...were a Wall Street firm, I would perhaps be cognizant of the fact that the financial regulatory-reform process is only beginning in Congress," warns a senior White House official, speaking about the political problems that huge paydays at Wall Street firms could create later this year, when new laws to regulate the industry will be written on Capitol Hill. Officials have also begun to worry aloud whether the Wall Street firms learned anything from the catastrophic financial crisis that was largely of their making or whether they are now returning to the old business of making short-term profits...
...legislation; defining the shape and size of a public plan; deciding what businesses and individuals will be required to do. Between now and then, White House officials say, don't be surprised to see rough spots and bumps along the road. "Everybody wants to rush the process and jump to conclusions," sighs an aide. "The process will play itself out." The question is, Will there be health-care reform...
...served on the Supreme Court from 1932 to 1938. Sotomayor praised Cardozo for his "great respect for precedent and his great respect ... and deference to the Legislative Branch." But Cardozo wasn't always an advocate of judicial deference. In his most famous book, The Nature of the Judicial Process, Cardozo called a chapter "The Judge as a Legislator." Like legislators, Cardozo wrote, judges must get their experience "from life itself," and when the law isn't clear, a judge must sometimes "pronounce judgment ... according to the rules which he would establish if he were to assume the part...
...Micheletti, and therefore may not be as committed as he has declared to reversing Washington's long history of aiding military coups against leaders who aren't necessarily U.S allies. Likewise, Chávez needs to realize that his calls for Micheletti's regime to respect the democratic process in Honduras have thrown a brighter spotlight on the democratic process in Venezuela - and that Clinton's remarks, however "disrespectful," might be sound advice for any government...
...Sharks are currently owned by an unlikely consortium that includes a Shanghai media group, a domestic airport operator and a state sports institute. According to China's official news agency, Xinhua, Yao is in the process of buying out shares from some major investors. No estimate has been released, however, of just how much Yao will spend on his former team, for which he started training as a young teenager. (See 100 Olympic athletes from the Beijing Games...