Word: franked
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...even many of his former hedge-fund backers aren't particularly happy. As Dodd and House Financial Services Committee chairman Barney Frank work to craft legislation overhauling the nation's banking and securities regulations, Dodd's populist ploys give many on Wall Street pause. "The competition for capital and talent is now global. What we saw when the Senate inserted the executive-compensation restrictions was a cause and effect," Tom Quaadman, who works on financial-sector issues at the U.S. Chamber of Commerce, says, pointing to examples of companies like Deutsche Bank and UBS poaching U.S. talent driven away...
...town of Desert Hot Springs doesn't offer much besides bland housing tracts and windmills spinning lazily alongside the highway, but there are plenty of worthy sights nearby, among them the stunning Joshua Tree National Park and Palm Springs' cluster of Frank Lloyd Wright buildings. But when a place like Hope Springs really does exist, sometimes it's better to make like a Hollywood luminary on the run. Take a room...
...Kietrz. Davistan was a former Jewish-owned manufacturer of upholstery and carpets that had gone bankrupt. In an interview with Schöllgen in the Süddeutsche Zeitung on March 2, Davistan is described as the "cornerstone of the current Schaeffler Group." The company belonged to a Jewish family named Frank that ran into trouble during the Great Depression and left Germany in 1933 as anti-Semitism began to spread. But Schöllgen says the company was not part of Hitler's "Aryanization" program to transfer Jewish property to Germans...
...question is whether Raúl is on the same page. Was his shake-up at Cuba's Foreign Ministry actually intended to encourage a U.S. change in Cuba policy? On the one hand, says Frank Mora, a Cuba expert at the National War College in Washington, "putting in someone who's a technocrat and not an ideologue will be perceived as a small sign of something positive in Washington." Then again, says Mora, it's difficult to tell if it also indicates that Raúl is "preparing himself for the eventuality of Washington making more of these gestures...
...know some of the major players in the 27-member E.U. and the 26-strong NATO. But she will undoubtedly use the occasion to soothe sensitivities and reassure her hosts that the U.S. still considers Europe a vital ally in all manner of foreign policy challenges. German Foreign Minister Frank-Walter Steinmeier said Clinton's arrival on Thursday was widely welcomed. "We can assume there will be a new breeze going through NATO and a new mood of cooperation," he said. "We will need that because the challenges are not getting any easier." (See pictures of people around the world...