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Despite an overhaul of the bankruptcy laws in 1998, it is still awesomely difficult to foreclose on debts: the definition of bankruptcy turns on net worth, as opposed to cash flow, and the process is slowed down by a two-track system that separates forced restructurings from forced liquidations.
ECONOMIST: Thailand's biggest problem is debt
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Particularly noteworthy this past year was definition of a specific framework and process for evaluating the performance of the Social Innovation Fund itself over the next five years relative to the expectations of Congress and the Administration.
FORBES: Connect
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To avoid a lobbying festival, Mr. Santorum says, the existing IRS definition of manufacturing, which includes companies that make and process goods, will remain in place.
WSJ: The Weekend Interview with Rick Santorum: 'Supply-Sider' for the Working Man