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...course, with the taxpayers owning the largest banks, it’s hard to tell the difference between jobs in government and jobs in finance,” Chun quipped...
...Council of Graduate Schools survey, released today, found that while the number of Americans applying to domestic graduate programs increased six percent—the largest increase since an 11 percent uptick in 2002—the number of international students from certain countries has dropped as much at 16 percent...
...Stone film Wall Street - was sentenced to 3½ years in prison and fined $100 million in 1986 for insider trading. Financier Michael Milken, the "junk-bond king" who famously earned $550 million in 1987, avoided prosecution on similar charges by pleading guilty to other criminal counts. But the largest insider-trading conviction came two decades later, in 2007, when former Qwest Communications head Joseph Nacchio was convicted of selling $52 million in company stock while knowing the company was headed for trouble. He was sentenced to six years in prison, though an appeals court later ordered his sentence reduced...
...exceptionalism is based on being both central to the world and remote from it. The country is situated at the heart of Europe yet is not a member of the European Union. It didn't join the United Nations until 2002, despite the fact that Geneva has the largest U.N. office outside of New York. It has tough immigration and citizenship laws, but also one of Europe's highest immigration rates. A fifth of its 7.5 million population are foreigners, mostly from Western Europe, but increasingly from Turkey, the Balkans and beyond...
...Republican on the Senate Banking Committee, who has been in talks with Dodd for months. His office opposes the CFPA, likes the Dodd provisions that strip the Fed of authority, and backs a single regulator. But Shelby, like everyone else who pays attention to rules controlling the world's largest financial system, is waiting to see the details of Dodd's bill - which no one has yet - before he weighs in officially...