Word: crisises
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The increased hiring activity is coming at a time when a number of firms are repositioning themselves in the wake of the financial crisis. The nation's largest banks are exiting such risky businesses as derivatives and proprietary trading, and adding to their lending operations. At the same time, smaller...
The standoff over how judges are selected could have far-reaching implications in a political order feeling its way towards democracy, with the different branches of government are "attempting to first stretch the bounds of their authority and second, to learn how to work with each other," says Samina Ahmed...
See pictures of the global financial crisis.
Treasury Assistant Secretary Michael Barr says the principal-reduction program is voluntary, not mandatory, and that there's no guarantee homeowners will not default on the new refinanced loans. "We don't want to be overly optimistic about that," said Barr during a briefing on Friday. "Modifications are hard - they...
The decreased cost can largely be attributed to lower interest rates on the debt used to finance construction in the wake of the financial crisis, according to Construction and Project Manager Mark R. Johnson.