Word: oversight
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...civil trials now, and he's said he wants to help make things right," says Scherer. He has filed suit on behalf of victims against Rothstein and Toronto Dominion Bank, which handled the accounts Rothstein used to conduct the alleged Ponzi scheme. (TD Bank insists it exercised proper oversight of the accounts...
...ominous voiceover asks about the Republican candidate vying for Ted Kennedy's former Senate seat. The ad's answer comes in a quick montage of conservative Republicans, past and present - George W. Bush, Dick Cheney, Rush Limbaugh, Mitch McConnell - followed by a populist pitch. "He'll block tougher oversight of Wall Street, give more tax breaks to the wealthiest," the breathy announcer continues...
...federal role would prompt HHS to take a heavier hand in running what has been a state-controlled program. Says Gail Wilensky, a health care economist who held high-level governmental positions under both Bush presidencies: "Up until now, I have described Medicaid as a state program with federal oversight. That will obviously change...
...firms like Goldman do business, Blankfein said there were already too many constraints. He said that since his firm began to be regulated by the Federal Reserve and not the Securities and Exchange Commission - a switch that happened when Goldman became a bank-holding company in late 2008 - the oversight of his firm had increased to a level that, given all that had happened, seemed right. "Perhaps there should have been more [regulation] than there was before September 2008," he said in response to a question about whether regulators had done their job leading up to the crisis...
...Some of the members of the FCIC seemed to agree that more regulation was not the answer to avoiding another financial crisis. John Thompson, chairman of security company Symantec and a former adviser to President George W. Bush, said to the executives, "Some of this oversight is management's responsibility, and not regulation." (See pictures of the global financial crisis...