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Somebody, somewhere, was knowingly fooled by banks and bankers – sometimes governments over tax, sometimes regulators and investors over the probity of balance sheets and profits and sometimes, as the Securities and Exchange Commission SECC) says in Goldman's case, by creating a scheme to enrich one favoured investor at the expense of others – including, via RBS, the British taxpayer.
Incentivizing employers to make greater investments in accommodation and rehabilitation by creating a scheme that makes employers internalize some or all of the costs of moving employees onto long-term disability could curb DI growth by more effectively aligning incentives.
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He proposes taking asbestos claims away from the tort system by creating a federal scheme to compensate those who are really sick.But who would pay?
He allegedly has now confessed that this was achieved by creating a pyramid scheme in which existing clients' returns were topped up, as needed, with money from new investors.He claimed to be employing an investment strategy known as "split-strike conversion".
He allegedly has now confessed that this was achieved by creating a pyramid scheme in which existing clients' returns were topped up, as needed, with money from new investors.Perhaps the biggest warning sign was the secrecy with which the investment business was conducted.
The extent of "not in my back yard" resistance to development emerges in the week that Osborne introduced incentives for developers to build new homes by creating a £3.5bn scheme for interest-free loans to be available to buyers of such properties from next month.
In its court filing, the S.E.C. said WorldCom violated antifraud and reporting provisions of federal securities laws by creating an accounting scheme intended to manipulate earnings to meet Wall Street's expectations and to support the company's stock price.
The authors also introduce a multiple reference scoring scheme by creating a frequency-weighted fingerprint from many reference structures.
Healthcare organisations could potentially facilitate this type of scheme by creating a register of qualified non-medical prescribers who would be willing to undertake this role for newly-qualified colleagues.
A recent initiative by the Global Sustainable Seafood Initiative (GSSI) is aiming to address the diversity within the certification landscape by creating a tool to benchmark certification schemes that are in line with the FAO Code of Conduct for Responsible Fisheries and other relevant agreed FAO guidelines on fisheries, ecolabelling and aquaculture.
Open data also helps address the classification problem, again by lowering the cost at which one group attempts to organize their information, and by creating a culture in which classification schemes are themselves shared, remixed, hacked, and subjected to incremental improvement-but also ready to be torn down and rebuilt when the data indicate.
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