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Some will plead financial prerogatives?
A much more difficult undertaking than Ms. Merkel's refusal to enter an important regional election in May tagged as having rescued the Greeks with German taxpayers' money, her coming to terms with the Landesbanken — through consolidation or selling them off — would mean confronting the financial prerogatives of the German states, perhaps the most powerful interest group in the country.
In terms of real politics in the midst of a banking crisis where politics and the institutions flee from responsibility, I'd call a notion to diminish the financial prerogatives of the German states — perhaps the most powerful interest group — a don't-go-there issue for the parties of the coalition.
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To some degree, that is reflective of employers whose financial prerogative is to approve the shortest leaves possible.
It was not for nothing that that great sage, the late JK Galbraith, referred sardonically in The Affluent Society to "the belief that monetary policy is the highly professional prerogative of the financial community.
How financial statements are presented is your prerogative, but you must include all stock-based compensation when distributing them to your stockholders or potential investors.
The surrender of its prerogatives would damage the United States' position in the financial and monetary worlds, and very possibly impair America's military commitment to its allies in Europe and Asia.
The open display of opposing views, which Mr. Geithner characterized as regulators understandably protecting the prerogatives of their agencies, showed how cumbersome the current financial regulatory system can be.
The New York City teachers' union contract is up for renegotiation, and Bizarro Bloomberg and King Klein are using the city's current financial woes to hold back on salary increases and undermine traditional prerogatives.
He said the locals' presidents, who jealously guard their power and prerogatives, usually kept the district council out of the loop about their financial affairs.
But in Congressional testimony in March, David S. Cohen, Treasury's under secretary for terrorism and financial intelligence, said "The decision whether to bring criminal charges is the exclusive prerogative of criminal prosecutors".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com