Word: cases
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...people like Markopolos and Goldman may have more answers than Kotz and his staff want to hear, but they are at least taking notes. "If Markopolos approached me, I might have thought he was a nut case," says Goldman, "But when you read his presentation, you would be forced to change your mind. It's very persuasive. People like us are different, that's why we do what we do. We are a little crazy, but we see harmful things and we want them stopped...
...Facing such a woeful economic outlook, E.U. monetary-affairs commissioner Joaquin Almunia has struggled to make the case for fiscal rectitude. He insists the pact is flexible enough to allow short-term stimulus programs. "During the recession, the pact is not about sanctions," he said last week. "But in the medium term, we need to continue a process of consolidation of the public finances. The rules were established for everybody and must be respected...
...abridged description of the case against GE is simple. The assets of its financial unit, GECS, will suffer from high default rates as the recession undermines the ability of its business and consumer customers to pay their bills. A Deutsche Bank analyst recently wrote that GE Capital has zero value in contributing to the value of the company's stock. His argument is that the unrealized losses on the financial unit's balance sheet are greater than most investors understand. On top of the analyst's report, The Wall Street Journal reported that GE has significant exposure to the failing...
...same statement, Mohamed thanked "members of the British Foreign Office" who worked for his release, but the British government has not escaped the case with its reputation untarnished. Evidence submitted to the British courts to support the case for the release of the classified material alleges complicity by British intelligence in Mohamed's torture. Britain's Home Secretary, Jacqui Smith, has ordered an investigation to be conducted by Britain's attorney general. Human rights organization Amnesty International is pushing for an independent inquiry...
...from such a process. President Obama has "made a tremendous start" by announcing the closure of Guantánamo, she says, but "his tendency will be to look forward. He actually needs to look back to what happened before he took office. Whatever the ins and outs of the case, the British government looks like it's covering...