Word: matters
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...Madoff faces 150 years in prison, mandatory restitution to the victims of his crimes, forfeiture of his ill-gotten gains and criminal fines. The government has not entered into any agreement with Mr. Madoff about his plea or sentencing. The filing of these charges does not end the matter. Our investigation is continuing...
...reason is an obscure accounting rule that is the subject of intense lobbying by representatives of the banking industry ahead of congressional hearings on Thursday on the matter. A change to that rule could drain some of the banks' red ink and possibly make it easier for them to off-load the toxic assets. (See 25 people to blame for the financial crisis...
...that he would favor suspending the mark-to-market rules. Even the Securities and Exchange Commission (SEC), which has long backed these rules, recently asked the Financial Accounting Standards Board (FASB), a private group based in Norwalk, Conn., that sets accounting rules in the U.S., to look into the matter. FASB spokesman Neal McGarity says his organization is doing that, but the banking industry is skeptical and wants more pressure from the SEC. "SEC is refusing to act further on this issue," says Scott Talbott, a top bank lobbyist. (See the top 10 financial-crisis buzzwords...
...faculty members as well as students. “Teachers are not exempt from bad social skills,” said parent Chandra Banks. Deputy Superintendent Carolyn Turk emphasized that the district should integrate its social skills education with academics. “It’s not a matter of one more thing,” Turk said. “It shouldn’t be one more thing. It should be the thing.” Turk also told the audience that the district already has two programs, Responsive Classroom and Developmental Design, which provide teachers with...
...Still, no matter how much charm Obama piles on and how popular the President or his agenda is nationally, politicians aren't likely to back anything that hurts their constituents. The bill could well hinge on tiny provisions that members want to see removed or modified. Nelson is already opposing Obama's budget because of education provisions that would end federal support for private student loans and divert the money into grants. NelNet, a private student-loan company in Lincoln, Neb., employs 1,000 people and could go out of business if the budget is enacted as Obama envisions...