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...Given the political climate, European Union leaders on Sept. 17 vowed to take action on what French President Nicolas Sarkozy calls "the scandal" of bank bonuses. They agreed in Brussels to seek binding rules on the allocation of bonuses, sending a strong message to U.S. President Barack Obama and the G-20 leaders who are meeting in Pittsburgh, Pa., on Sept. 24 and 25 that they are serious about cracking down on profligate spending by financial institutions. (See pictures of the global financial crisis...
Morgan, on the other hand, estimated the most it could lose on its daily trading desk on any given day was $114 million, or less than half of what Goldman could lose. And Morgan is in the process of eliminating nearly all of the trading it does for its own account, which means how much it risks in the market each day should continue to drop...
...coaching staff and the roster. But 1996 was the last time the 'Boys won a playoff game, and they finished last season with a lackluster 9-7 record. Yet in one respect they still rule - Forbes magazine estimates they're the most valuable franchise in sports, worth $1.6 billion, given the willingness of Cowboys fans to pay up no matter what happens on the field...
...What Pakistan needs is enhanced support for communications, observation and helicopter fighting capability," says a Pakistani military official. Pakistan also covets night-vision goggles - a controversial demand given the risk that the militants could seize them through ambushes. In other areas, however, the Pakistan army has spurned counterinsurgency support. U.S. military experts are not allowed to directly train Pakistani troops engaged in counterinsurgency operations and are limited to training trainers...
...questionable as to how much the Iranian regime's hard-line tactics have worked to demobilize the Green Movement's members. The rallies seem to be spontaneously organized through the Internet before trickling down to word-of-mouth notifications. Some participants said that future protests are already being planned, given the large and unexpected turnout on Friday. Due to Iran's many religious and revolutionary holidays, opposition supporters have no lack of opportunity to continue showing their protest against the regime. One of the next dates in sight: the 30th anniversary of the 1979 U.S. embassy occupation...