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...government's main target is Google, which is in an ongoing battle with Mediaset over copyright revenue for network programming that winds up on YouTube. The new rules would require Internet service providers to remove content the state deems is in violation of copyright law, or face a fine of up to $210,000. "We are concerned over the fact that Internet service providers, like YouTube, that simply make content available to the general public, are being bundled together with traditional television networks that actually manage content," Marco Pancini, Google's European affairs chief, told the newspaper La Stampa...

Author: /time Magazine | Title: Berlusconi vs. Google: Will Italy Censor YouTube? | 1/22/2010 | See Source »

...already seeing the big banks and some of these other interests lining up in opposition to basic core reforms like making sure that consumers know what the fine print is when it comes to their credit cards or their debit cards or their mortgages. You're already seeing them resisting the idea that they should have a regulatory regime that isn't full of loopholes. And my attitude is that this is a fight that is entirely consistent with what we've done last year, it's entirely consistent with who I am and how I campaigned...

Author: /time Magazine | Title: 'It Always Takes Longer Than You Think' | 1/21/2010 | See Source »

...just close on financial regulatory reform. This is going to be a top priority. You are already seeing the big banks and some of these other interests lining up in opposition to basic core reforms, like making sure that consumers know what the fine print is when it comes to their credit cards or their debit cards or their mortgages. You're already seeing them resisting the idea that they should have a regulatory regime that isn't full of loopholes...

Author: /time Magazine | Title: Q&A: Obama on His First Year in Office | 1/21/2010 | See Source »

...these securitized transactions were considered a legitimate business strategy by investors, who typically focus on the cash flow from these deals, not the fine points on how cash is generated. "These could have all been brothels or sweatshops underlying them, and nobody would know that either," says Cecala, who notes that "one of the reasons for buying securities ... is supposedly you don't have to worry about any of that; someone else is supposed to have signed off on the legality of the transactions, the business practices, everything...

Author: /time Magazine | Title: Should Private Equity Invest in Residential Real Estate? | 1/20/2010 | See Source »

OHIO: $150 fine for driving without headlights on when it's snowing...

Author: /time Magazine | Title: The World | 1/18/2010 | See Source »

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