"Convertible notes mean investors can no longer drag their heels, " says Graham.

FORBES: Magazine Article

That is why Europe and Japan cannot afford to drag their heels over reform or leave workers ill-equipped to take up tomorrow's jobs.

ECONOMIST: The rich nations no longer dominate global production

Moreover, there are fears that this sort of litigation will make drug regulators drag their heels on new drug approvals, and drive drug firms away from innovations using risky new science.

ECONOMIST: Pharmaceuticals