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...expects to hire 60% more recent graduates this year than it did a year ago. Even Citigroup, which a year ago looked like it was headed for Wall Street's dustbin, is on a hiring binge. The bank is reportedly looking to a add workers in trading and hedge fund services...
...Come to This? The last time Britain felt this bad about itself was in 1976, when soaring inflation and unemployment forced the Labour government to seek a humiliating bailout from the International Monetary Fund. Margaret Thatcher's Conservatives took power in 1979 and went on to abolish exchange controls, cut taxes and engineer the 1986 deregulation of financial markets, known as Big Bang, restoring London's position as one of the world's most important financial centers. Blair's New Labour did nothing to restrict the unfettered growth of the City, as London's financial district is called...
...challenge. Canadian Finance Minister Jim Flaherty, for instance, rejected a bank tax out of hand earlier this month, favoring instead a wider implementation of some of the tough rules that left his country's banks relatively unscathed by the crisis. But the publication next month of the International Monetary Fund's recommendations on bank taxes - a report commissioned by the G-20 countries last year - might help coax reluctant nations into considering the measure. "Some countries feel they did their homework," says Arturo De Frias, an analyst at Evolution Securities in London. Should there be an agreement on the issue...
...nearly the attention that Virunga's mountain gorillas do and live in areas where poachers escape punishment easily. "The most critical challenge that we face in central Africa is undoubtedly a lack of law enforcement," says David Greer, coordinator of the African Great Apes Program at the World Wildlife Fund. "In no uncertain terms, it's the ubiquitous impunity in this region. Nobody is held accountable, and there's no deterrent for killing protected species...
...School alumnus Finn M. W. Caspersen gave $30 million—the largest gift in the Law School’s history—to fund a wing of the Northwest Corner. After he committed suicide in 2009, media outlets reported that he was under investigation by the IRS for tax evasion, but McCrossan said there has been no indication that his gift to the Law School will be clawed back due to the IRS inquiries...