Word: failings
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...result is a reform plan that's clearly had a lot of thought put into it, and responds to many of the most obvious failings of our financial regulatory setup, but doesn't really change the way the financial game is played. The Federal Reserve would have more power to snoop around financial institutions that it thinks pose a systemic risk, the FDIC would get the power to take over and wind down non-banks, most over-the-counter derivatives would be forced onto exchanges, and capital requirements would be ratcheted up across the financial system. But the current alphabet...
...trial on June 16, when the former AIG chief executive took the stand. AIG's lead attorney, Ted Wells, said that Greenberg and other members of Starr's board of directors had broken an agreement not to sell their AIG shares. (Read "How AIG Became Too Big to Fail...
That palliative safety-valve quality of sleep may be hampered when we fail to reach REM sleep or when REM sleep is disrupted, Walker says. "If you don't let go of the emotion, what results is a constant state of anxiety," he says...
Being Nice to Be Nasty It makes you wonder, is Ross really serious about dialogue with the mullahs? "He favors a pro forma attempt at negotiations with Iran, followed by far more severe sanctions or even military action if and when they fail," says Gary Sick, a former National Security Council staffer who is now a professor at Columbia University. The Iranians, too, seem to smell a trap, telling European diplomats that they fear that the U.S. is extending a hand to Iran only in an attempt to build a united coalition against them when talks fail. Indeed...
...group includes no African leaders - nor China, whose investment in African infrastructure exceeds that of all the G-8 countries combined. Singer Bob Geldof urged on Thursday that the discussion be widened, warning that unless more countries are at the table in international decision-making, "our system will fail again." (See pictures of China doing business in Africa...