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Another factor that helped make Canada the new gold standard in banking was Ottawa's decision in the late 1980s to allow commercials banks to acquire investment dealers on Toronto's Bay Street, the country's financial hub. As a result, these institutions are subject to the same strict rules as commercial banks, while U.S. investment dealers are subject to only light supervision from the Securities and Exchange Commission. Morgan Stanley and Goldman Sachs, of course, will now be under the U.S. Federal Reserve's supervision since they have been chartered as bank-holding companies...
...maybe a minute or two after, to find every table full and a line out the front door. When I approached the man I took to be the manager (he was actually the owner), he told me that since we were “so late,” he had had to break up the table, and let the eight of us (two couldn’t make it) stand there blocking foot traffic for half an hour before seating us not at a long table, but at adjacent booths. We were not happy.2. Dress for the tropics. Every...
Israel goes to the polls on Feb. 10 to elect a new Prime Minister and parliament; voters in Iran will choose a new President on June 12; and Iraq will hold provincial elections next January, followed by a national election late in 2009. Afghanistan is slated to hold new presidential elections next fall...
...breakaway, dodging a Crimson defender and firing an open shot on net that whizzed past Stone. Under three minutes later, the Lions added an insurance goal. After Stone blocked a shot by Buszczak, Gartland swooped in and buried the rebound into the cage. The Crimson earned several late penalty corners, but was unable to capitalize on any of its opportunities. “I thought we attacked a lot,” captain Kayla Romanelli said. “We had 10 shots, which is an improvement from our past couple games.” The Harvard offense was shut...
...contest ranked last in the Ivies in kick returns and punt returns, as well as seventh in net punting. In week two against Brown, a missed extra point at the end of the Crimson’s first touchdown drive forced Harvard to have to go for two late in the game. “You miss an extra point, you can’t do that against a very good football team like Brown and expect to survive it,” Harvard coach Tim Murphy said after that loss. “That missed extra point was huge...