Word: againsts
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In addition, the dangerous market for derivatives, financial instruments that are used to hedge against changes in asset prices, must be strictly regulated. Complex derivatives were often traded without effective monitoring, allowing companies to quietly amass incredible risks on their balance sheets. The House bill proposes that derivatives be regulated...
Congress has made useful progress on some of these steps but faces fierce fights against industry lobbyists in the months ahead. Their ability to keep tough protections as well as develop regulations and structures in concert with the international community will determine whether these regulations are meaningless or create a...
On a test flight over Maryland last week, the Pentagon's F-35 jet fighter landed vertically for the first time - like a helicopter - as it was vaunted to do. But at just about the same time, its price tag was climbing in the other direction. A Swiss Army knife...
Critics on the left are, of course, harsher. "The CPAC stuff was ugly," says Eric Boehlert, who writes for the liberal website Media Matters for America. "He's become known as the guy who yells at people in the halls. And his sites have little impact. The last time I...
The effect of this spat has been to push the euro to a four-week low against the dollar as investors fret over the uncertain prospect of support for Greece. The euro closed on Tuesday at $1.35, down from a high of $1.51 in November. "The leaders are hardening positions...