Word: risks
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Capital requirements are an area in which many observers think dumbing down is in order. Regulators spent decades fine-tuning their risk-weighted capital rules, in some cases using the supposedly sophisticated risk models developed by banks themselves. The result was ratios of debt to capital that topped 35 to 1 at some investment banks. Oops! A simpler, cruder standard (say, 10 to 1) surely would have worked better...
...Dillinger chose Way 3, and for a while he enjoyed the celebrity of a Clark Gable or a Lou Gehrig. Newspapers breathlessly limned his exploits as he made sizable withdrawals from vaults throughout the Midwest, using his machine gun as collateral. But killing cops puts a man at greater risk than hitting a homer or kissing the girl. Dillinger stirred the hunter's blood in J. Edgar Hoover, the young director of the FBI, and Hoover's most resourceful agent, Melvin Purvis. They, and Dillinger too, knew that a life of crime was not a profession from which one gracefully...
...very much appreciated your article about the frontier of research into preventing severe mental illness [June 22]. It captures the excitement and promise of this new orientation within psychiatry. I wanted to offer a couple of clarifications: You state that those who met our criteria for risk of psychosis were 30 times as likely to develop the illness as those in the general population. Something got lost in translation in my interview with John Cloud; in fact, our research shows that such a person is more than 400 times as likely to develop psychosis. Also, the necessary critical mass...
...these first minutes, The Hurt Locker sets its theme and tactics. Its heroes are brave soldiers, sanitation men in a place where the detritus is deadly, and on every mission they risk their lives to save those of a people they may not like and probably don't understand. The opening also tells viewers to proceed warily. At one moment they'll be watching in their seats; then, without warning, it's duck and cover...
...James needs the Army. He has to do what he's supremely good at, even if the job carries the imminent risk of death. (He has a wife and child back home, but he keeps re-upping.) Other men have a talent for making bombs; James has a genius for finding and silencing them. It's not just his job; it's his vocation. More than that, for him it's fun. If defusing IEDs isn't a drug for James, it's his headiest, most essential adrenaline. Though his mates aren't crazy about his methods--Sanborn sucker punches...