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...crucial feature of any British plan: revenue from the tax would be funneled directly into state coffers - remember that $250 billion deficit - and not into an insurance fund to be tapped in the event of any future catastrophe. Such a pool, the U.K. reckons, could simply encourage banks to behave recklessly, safe in the knowledge they'd be covered for any damage. Germany's proposal is different. Having had to nationalize or buy stakes in a string of beleaguered banks since the crisis began, the German government wants to pass the bill for future bailouts to the banks themselves. Lenders...
...about 50 banks and other financial institutions - Germany could raise as much as $12 billion a year. Would that be enough to protect banks in the case of another meltdown? Of course, proper government and regulatory scrutiny can guard against a repeat of the recent crisis. But in the event of a disaster on a similar scale, "you're never going to get a fund big enough to cover all that," says Simon Maughan, a banking analyst at MF Global in London. "The taxpayer is always going to be the backstop. So why not improve the situation today by paying...
...situation like the one at Cornell is known as a “suicide contagion,” a period in which multiple individuals take their own lives. But he said that there is no evidence that a suicide contagion at one university could lead to a similar event at another institution...
...coordinates with UHS and House wellness tutors to educate students about mental health resources—will likely discuss the Cornell suicides at its next meeting, said Lianna E. G. Karp ’10, one of its members. Additionally, the group may consider holding a Suicide Gatekeeper training event to teach students how to recognize signs of life-threatening depression in the coming weeks, Karp said...
...Facebook event organizer, the social network was a natural forum to utilize for social activism...