Word: deale
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...move, a federal judge threw out a proposed $33 million settlement between the Securities and Exchange Commission and Bank of America stemming from the company's January takeover of Merrill Lynch. The SEC had sued the bank over $3.6 billion in undisclosed bonuses paid to Merrill staff before the deal. Judge Jed Rakoff accused bankers and regulators of having a "cynical relationship" that penalizes shareholders rather than bank executives...
Bill Clinton threatens Japan with a 100% tariff on luxury cars unless Tokyo eases its regulations against U.S. automakers. An 11th-hour deal scuppers the tariff...
...leaving financial markets alone, Mellon and his kindred spirits at the Fed ushered in an economic collapse that led to permanent government intervention in the financial sector. By intervening, Paulson and his kindred spirits at the Fed seem to have headed off a re-enactment of the New Deal...
...filed complaints with the Harvard University Police Department and the Massachusetts Commission Against Discrimination, Raj currently must work under the same supervisor and has received threats of being fired—even though clients often write compliments about his efficient work. The mechanisms in place at Harvard to deal with discrimination and intimidation in the workplace have failed Ravi...
Ideally the avenues in place to deal with complaints of discrimination would have worked, and Raj would have been placed elsewhere immediately, the supervisor punished, and the situation resolved. For Raj, still working in an environment that feels unsafe, a fair solution would be for management to place him in a different office with a new supervisor. Union members, students and concerned community members have held several demonstrations on Raj’s behalf. These should continue. More broadly, though, the University must look closely at the mechanisms that are currently failing to protect workers...