Word: bankes
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Dates: during 2000-2009
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...According to a 200-page CBI report, Satyam insiders forged board resolutions to secure $260 million in bank loans which were diverted for personal use, and over several years generated fake customer identities and account statements to inflate Satyam's revenues by millions of dollars, boosting the company's share price and making its books look far healthier than they were. Investigators following the paper trail have discovered that embezzled funds were channeled into 1,065 properties valued at $74 million, including some 6,000 acres of land, 40,000 sq. yd. of housing plots...
...Shelby wants to impose strong regulation on financial firms to prevent them from getting "too big to fail." He agrees with Dodd that there should be a consolidated regulator for banks, though perhaps not the single supervisor Dodd envisions. But Shelby opposes Dodd's plans for eventually doing away with the 150-year-old division of regulation between state and nationally chartered banks. And he also opposes Dodd's plans for a systemic risk council, which he sees as redundant since bank regulators already are tasked with curtailing overall risk...
...surprisingly, all the answers, or at least the ones shown in the final edited video, were a 4.3 or above. One student boasted a 4.49, and another rattled off an impressive list of extracurriculars such as working at the food bank, captaining a cross country and track team, being all-state in those sports, and single-handedly working to save the African continent...
...planning committee of the Jerusalem Municipality last week approved the expansion of Gilo, an Israeli suburb that straddles the pre-1967 West Bank border. The decision threatens to cover the green valley that includes Wallajeh with a new housing development. That would destroy Abed-Rabbo's dream of returning to his farm full of olive trees overlooking the Jerusalem Biblical Zoo and most likely deprive him of his patrimony forever. "I am one small man," Abed-Rabbo tells TIME. "All I want is to live on my land in peace...
...held until late in the evening. It was his seventh arrest in recent months. Israeli officials explained that in visiting the property, Abed-Rabbo had crossed the Israeli municipal boundary and entered Jerusalem illegally from his legal residence in the refugee camp of Dehaishe, deeper in the West Bank. (There is no checkpoint blocking off the farm from Dehaishe; the Israelis recently granted Abed-Rabbo a permit to visit his land, a permit that has since expired...