protean
ArchiveMessageRSSpro·te·an /ˈprōtēən/ adj.
1. Tending to change frequently or easily.
2. Able to do many different things; versatile.
Lock up your libraries if you like, but there is no gate, no lock, no bolt that you can set upon the freedom of my mind. -Virginia Woolf, A Room of One's Own
1. Tending to change frequently or easily.
2. Able to do many different things; versatile.
Lock up your libraries if you like, but there is no gate, no lock, no bolt that you can set upon the freedom of my mind. -Virginia Woolf, A Room of One's Own
Jet engines need cutting-edge materials that are strong, light and can withstand extreme heat. GE is developing a material that can handle high temperatures like ceramics can and is also as tough as metal. Here, a projectile fired at a sample of advanced ceramic composite tests the material’s ability to endure the strike.
In reality, of course, about the only things that would be ‘destabilized’ if [Too-Big-To-Fail] ended would be the compensation packages for a small group of overpaid banking executives like Jamie Dimon. Another consequence might be that ratings agencies would actually have to work for a living, and earn reputations for honesty and integrity in the market, instead of getting endless streams of free money from big banks to give sparkly AAA ratings to every half-baked security or derivative instrument their obese, Fed-fattened clients cranked out.
—
Too-Big-To-Fail takes another body blow
Matt Taibbi writes about the new anti-TBTF legislation floated by Sherrod Brown and, rightly, takes the shit-heels at Standard and Poor’s to task for attempting to quash it.
(via theamericanbear) next →
