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"We hope that by the end of the week we will have some initial results for you," said Qassim al-Abodi, the chief electoral officer for the Independent High Electoral Commission of Iraq (IHEC). "In two to three weeks, we will have the final, ratified results, we hope. And we...
Regulators have long had a lower capital requirement on loans that are not backed by deposits. But in 2004, the Securities and Exchange Commission (SEC) removed rules that capped leverage at 15 to 1 for investment-banking firms like Goldman Sachs. That allowed the firms to vastly expand their lending...
Paulson and Representative Frank could have put in a number of rules the day the TARP cleared Congress. Frank agreed to an oversight commission that would review how the money had been spent, after it was spent. By doing that he simply wasted the time of this commission. It became...
Mass. Governor Deval L. Patrick ’78 announced on Wednesday that the City of Cambridge will lose approximately $2.6 million in local aid for the fiscal year ending June 30—a nearly 10 percent decrease from the $26.7 million in local aid originally allotted. The cut...
License violations forced popular restaurant and café Z Square Cambridge to close earlier this month, and due to financial difficulties, new ownership will not reopen the location, a consultant for the restaurant said yesterday. New management, brought in last October after investors ousted former owner David A. Zebny '84...