Moral imagination or heuristic toolbox? Events and the risk assessment of structured financial products in the financial bubble

The paper uses the example of the failure of bankers and financial managers to understand the risks of dealing in structured financial products, prior to the financial collapse, to investigate how people respond to crises. It focuses on whether crises cause people to challenge their habitual frames by the application of moral imagination. It is proposed that the structure of financial products and their markets triggered the use of heuristics that contributed to the underestimation of risks. It is further proposed that such framing heuristics are highly specialised to specific contexts, and are part of a wider set of heuristics that people carry in their cognitive ‘adaptive tool boxes’. Consequently, it is argued, when a crisis occurs the heuristics are not challenged, but are simply put away, and other more appropriate heuristics put to use until a sense of normality returns, and the use of the old heuristics is resumed

RF shielded connectors

Gap, where cable joins connector housing, is shielded effectively by composite RF shielding made from suitable potting resin material (fumed silica, thixotropic prepolymer composition), conductive coating (silver-filled, flexible, polyurethane resin), and protective jacket (wax coated housing formed around another wax form having contours shaped to match configuration)

The state of state and local government finance

This paper provides an overview of the state-local government sector, a review of the short-run impact of the 2007-09 recession on state and local governments, and a brief summary of key long-run challenges state and local governments will encounter in the next decade. State and local governments in aggregate represent about one-seventh of the U.S. economy, with education and welfare (mostly Medicaid) accounting for more than half. These governments currently face nearly unprecedented fiscal turmoil as a result of the recent recession. Even after the economy recovers, states and localities will face challenges both to improve effectiveness and efficiency in public service provision and to generate revenue sufficient to fund these crucial public services.Municipal finance ; State finance ; Fiscal policy

Process for making RF shielded cable connector assemblies and the products formed thereby

A process for making RF shielded cable connector assemblies and the resulting structures is described. The process basically consists of potting wires of a shielded cable between the cable shield and a connector housing to fill in, support, regidize, and insulate the individual wires contained in the cable. The formed potting is coated with an electrically conductive material so as to form an entirely encompassing adhering conductive path between the cable shield and the metallic connector housing. A protective jacket is thereby formed over the conductive coating between the cable shield and the connector housing

Mission and spacecraft support functions of the Materials Engineering Branch: A space oriented technology resource

The capabilities of the Materials Engineering Branch (MEB) of the Goddard Space Flight Center, Greenbelt, Maryland, are surveyed. The specific functions of spacecraft materials review, materials processing and information dissemination, and laboratory support, are outlined in the Activity Report. Further detail is provided by case histories of laboratory satellite support and equipment. Project support statistics are shown, and complete listings of MEB publications, patents, and tech briefs are included. MEB staff, and their respective discipline areas and spacecraft liaison associations, are listed