Word: financees
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The ratings agencies themselves - Moody's, Standard & Poor's and Fitch - have nowhere to hide. Their CEOs took a royal lashing from Congress in October, and in April new regulations will go into effect, largely to address what is often painted as the Achilles heel of the ratings system: companies...
Many finance experts think the rules fall far short. Including, it seems, the SEC's new chairman, Mary Schapiro. In congressional testimony on March 11, two months after she was confirmed to her post, Schapiro said, "I'm not sure if it's enough, to be perfectly honest." On April...
Democrat Barney Frank, chairman of the House Financial Services Committee, echoed those concerns, arguing that pursuing restitution by other means was preferable. House Ways and Means Chairman Charlie Rangel also opposed using the tax code "as a political weapon" until the Speaker sat on him to write the legislation passed...
Student entrepreneurs were awarded a total of $80,000 in prize money to help them develop and execute their business projects at yesterday’s I3 Harvard College Innovation Challenge. The night’s largest catches came in the form of three $15,000 McKinley Family Grants, which...
Does the comparatively modest nuisance caused by Thursday's action mean Sarkozy and the government can simply ignore the striking? Given the enormous turnout and rising public anger, pundits warn the answer is: No. Though Sarkozy granted $3.5 billon in additional tax cuts to workers following January's walk-out...