Word: bailing
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...charges of illegal trading pile up, what are investors supposed to do? Are all mutual funds tainted? Could yours go belly-up? Should you bail out? First of all, don't panic. Most of the roughly 650 firms that run mutual funds have not been accused of doing anything wrong. When the investigations are over, many will be proved entirely trustworthy. And as for funds run by companies that are found guilty, there are limits to how low they can go. By law, a mutual fund can never go bankrupt. It cannot become insolvent unless all the stocks and bonds...
Last November, only two days after he had led a march for Palestinian rights in Boston, Jubran was detained by the Bureau of Immigration and Customs Enforcement (BICE) and held without bail for 17days. The BICE told Jubran’s lawyer that he would be held “indefinitely” and did not provide reasons for his arrest or detention or the charges that were brought against...
...Thirty-three more were rescued after two days and one was found dead. The search for the remaining miner was called off. President Vladimir Putin called for an urgent review of safety in the notoriously dangerous industry. Russia: Putin's Challenge Shackled Press ZIMBABWE A Harare court released on bail four directors of the country's only independent newspaper. The four were arrested after police closed down the Daily News - which is critical of President Robert Mugabe's government - for operating without a license on the day it resumed publishing after a six-week ban. The judge will rule later...
...basically a stronger dose of Schröder's medicine. This is the dark side of the Third Way's embrace of fiscal rectitude. As Schröder's troubles show, economic reality leaves politicians precious little wiggle room, and parties have to think twice before promising to bail out troubled companies or increase spending to stimulate the economy. "The crisis among the opposition coincides with economic turmoil in which the margins for maneuver are limited," says French political commentator Alain Duhamel. "Opposition parties can't identify what they could or would do differently if they were in power...
Wayland said his client, a native of the Republic of Georgia, spent about five weeks in jail after his arrest before posting bail...