Word: billing
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Dates: during 2010-2019
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...reckons, could simply encourage banks to behave recklessly, safe in the knowledge they'd be covered for any damage. Germany's proposal is different. Having had to nationalize or buy stakes in a string of beleaguered banks since the crisis began, the German government wants to pass the bill for future bailouts to the banks themselves. Lenders "cannot in the future gamble at the taxpayers' expense," Volker Kauder, parliamentary leader for the governing Christian Democrats, told a national TV network Monday. "Provisions must be made so that they - if things get difficult - pay for things themselves." (See the best business...
...everyone from pension fund-owners to everyday homeowners. An independent CFPA would regulate financial “innovations” such as clever securitization schemes and subprime mortgages that harm lower-income Americans and pension funds while risking the stability of the economy as a whole. The Senate bill currently has a CFPA under the purview of the Federal Reserve Bank, however the creation of an independent agency would give it greater stature and thus the power and influence to adequately...
...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 through a clearinghouse, a useful suggestion that should be kept strong so that few, if any, derivatives escape the overview of a regulator...
...Director Bill Purcell said that when Pierre-Louis felt she could leave Haiti this month, the IOP wanted to bring her to Harvard to address students’ interest in learning about the future of Haiti...
...most combative conservative impresario - part new-media mogul, part Barnumesque scamp. Last fall, he launched Big Government, the flagship of his wickedly right-of-center sites, which also include Big Hollywood, Big Journalism - which described the House's March 21 passage of the health care reform bill as a "socialist putsch" - and the news aggregators Breitbart.com and Breitbart.tv. On its first day of business, Big Government produced a scoop: undercover filmmakers James O'Keefe and Hannah Giles - the would-be Borats of the right - had shot videos that appeared to show workers at ACORN, a liberal organization that lobbies...