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The next step is to devise instruments that can take a closer look, perhaps for distant planetary atmospheres that contain oxygen and methane, the telltale signature of life as we know it.
Any Swiss bank worth its salt should be able to devise instruments that offer a way round the new rules.How would Switzerland's financial-services industry fare if the country ever joined the EU? Bankers are generally unenthusiastic about membership.
This type of study depicts the progression of a field's research quality and validity, and it encourages future outcomes researchers to devise instruments that will be streamlined, valid, and reliable.
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He blamed a profusion of complicated and recently devised financial instruments "that weren't particularly well understood by even the most sophisticated banks, lenders and hedge funds".
Mr. Mudd replied that the company, in recruiting employees to manage its complicated risk policies and to devise the financial instruments that allowed it to finance such a large portion of the mortgage market, was competing for employees not with nonprofit groups but with well-paying for-profit companies and with Wall Street.
Mr. Paulson, 54, was not named as a defendant in the S.E.C. suit, but his role in devising the instrument that caused $1 billion in losses for Goldman's customers is detailed in the complaint.
After Mount St. Helens, scientists from the United States Geological Survey began devising portable volcano monitoring instruments that could be set up together in 70-pound early-warning systems.
And considering what has happened, the vulgar public on Main Street has been surprisingly forgiving of those well-educated types on Wall Street — the ones who devised and marketed the sophisticated financial instruments that have brought the financial system to the brink of collapse.
First, a literature search was undertaken between January and April 2000, using MEDLINE and PSYCLIT databases, that aimed to analyze the instruments that had been devised so far to evaluate inpatient satisfaction at the national and international levels.
Therefore, we plan to devise a quality rating instrument that encompasses multiple perspectives.
A major cause of the crisis, he said, was that Wall Street financial engineers devised a series of new instruments that neither they nor the people who traded them fully understood.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com