Word: races
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...reforms that targeted the over-the-counter derivatives market. Clearinghouses were meant to bring a greater level of stability and transparency to derivatives trading. But this industry has become more fragmented than originally envisioned, and some argue that competition among clearinghouses has led to a “race to the bottom” whereby the clearinghouses require insufficient collateral from the SWIFTs they deal with. The Houston Power House is said to have large, uncollateralized exposures with Magna-SWIFT, and observers estimate it could lose $8 billion from these exposures alone. Power House Chief Executive Officer Fabrice Tourre...
...general sense, we support the core of President Obama’s education initiatives: heavy on spending and tough on teachers. Specifically, we were pleased with his allocation of $4.35 billion to the “Race to the Top” initiative that gives states an immediate monetary incentive to monetary incentive to reform dilapidated public schools. As part of the broader American Recovery and Reinvestment Act of 2009, Race to the Top—a small fraction of the total $96.8 billion allocated to the Department of Education under the stimulus package—is a wise investment...
...Hammonds has had the opportunity to define her own agenda, her decision-making process has evolved to reflect her scientific background in physics and engineering as well as her academic research on the history and science of race...
...increases the number of different perspectives on any situation, raising the likelihood of innovation and making the organization stronger and more resilient, says Harvard Business School Professor David A. Thomas, who specializes in cultural diversity in organizations. While other dimensions of diversity are important, he says race continues to be one of the most difficult to attain...
With more than half of the nine-member City Council signed up for the race, each candidate faced the daunting task of garnering at least five votes from their fellow councillors to be elected mayor...