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Mark Cuban is probably the most bombastic man in the NBA - racking up massive fines for shouting at referees from his perch as owner of the Dallas Mavericks - so it's a pretty safe bet he'll face his latest adversaries with gusto. Only this time, it's the Securities...
In their effort to sway at least a few Republicans, Democrats did take some of their concerns into account - including demands for long-term financial plans from loan recipients, increased oversight and taxpayer protections. But for most Republicans the moves don't go far enough. The GOP is asking for...
The autonomy proposal is being spearheaded by independent Shi'ite lawmaker and former governor of the province, Wael Abdel-Latif al-Fadel, and its timing - Iraqis are to vote in January in what promise to be hotly contested provincial elections - is sure to escalate political tensions. Al-Fadel, a 58...
...toxic mortgage-backed securities that doomed banks in the U.S., while the central bank was well stocked with $240 billion of hard-currency reserves - more than sufficient, economists believed, to protect the economy from any external shocks. "We didn't need a special spotlight," says Yi Jong Goo, standing commissioner at the Financial Services Commission (FSC), the government agency that oversees the country's finance industry. They got one anyway. International bankers and investors yanked money from emerging markets worldwide. South Korea's banks rely more on external financing than most others in the region. Amid a global shortage...
It's not just the Maze that is causing old grievances to resurface in Northern Ireland. The Consultative Group on the Past, a government-appointed body tasked with examining how to deal with the legacy of the Troubles, is expected to deliver its much-anticipated final report within weeks. The...