Word: nationalized
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...word has spread fast—landing on the front page of major newspapers, traveling into the confines of Harvard Yard, and even prompting University President Drew G. Faust to send a statement on Thursday asking the community to contribute to relief efforts on behalf of a shaken nation. And the Harvard community has done just that...
...more regulations, please. That was the message from top executives at four of the nation's largest financial firms on Wednesday, spoken to a commission set up by an act of Congress to investigate the causes of last year's credit crunch. But more than a year after poor lending standards, unregulated products and bonus bonanzas helped spark the worst recession since the Great Depression, many say that reining in Wall Street is the only way to prevent another financial crisis. (Read "Hearings to Begin on Causes of Financial Crisis...
...House of Representatives passed a bill that would create a new agency to protect consumers and regulate products like mortgages and credit cards. Even the Independent Community Bankers Association, which has fought new regulations of the financial sector, says the government needs to do more to rein in the nation's largest banks...
...Congress on peace building in the country. Colom, the first left-of-center President to be elected in more than 50 years, won office with the support of indigenous, rural Mayans and vowed to help alleviate widespread poverty in the countryside with programs that have angered the nation's oligarchy, including cash rewards to poor parents who send their children to school regularly...
After 9/11, al-Awlaki swiftly condemned the hijackers. A PBS NewsHour program in October 2001 shows him in a sermon criticizing U.S. foreign policy but arguing that it did not justify killing Americans. On the contrary, he told PBS, "Every nation on the face of the earth has a right to defend itself and to bring the perpetrators to justice...