Word: panels
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Dates: during 2000-2009
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...Geithner, testifying on Thursday in front of an oversight panel reviewing the government's financial rescue efforts, faced a raft of questions about the effectiveness and the use of those funds. Elizabeth Warren, a Harvard professor and chairperson of the panel, said the average American has seen little or no benefit from the TARP spending. Damon Silvers, associate counsel for the AFL-CIO union, questioned whether TARP had really restored some of its biggest recipients, namely Bank of America, Citigroup and Wells Fargo, to health...
...part, Geithner responded that he thought the TARP program has largely been a success. "The nation's financial system is in better shape today than it was three months ago, six months ago and even on the eve of this recession," Geithner told the panel. He said adding capital to the banks was the right move. "Had we just gone and guaranteed all of the banks debts, I don't think we would have been as successful," he said...
...Silvers said some of the people the panel had talked to complained that the continued weakness of a number of the nation's largest banks was hurting the economy. He asked Geithner if he thought "zombie" banks were a problem. Geithner noted specifically that he didn't think Citigroup was a "zombie." He added that the fact that many of the banks have been able to raise private capital shows that TARP has improved their prospects...
Professor Michael J. Sandel—who teaches the popular Moral Reasoning course on the subject—explained his philosophy about justice as argued in his new book, “Justice: What’s the Right Thing to Do?” at a packed panel discussion with three political experts at the Institute of Politics Forum last night. Sandel explained the three basic schools of thought behind justice, succinctly represented by the words “Utility”—seeking the greatest happiness for the greatest number of people; “Consent?...
...case, initiated in 2002, a year after McCurry opened for business, was first won by McDonald's in Malaysia's High Court but was subsequently overturned by the Court of Appeal in McCurry's favor. On Sept. 8, Chief Judge Arifin Zakaria, speaking for a three-member panel of judges in Malaysia's Federal Court, said the court's decision to refuse leave to appeal against the Court of Appeal's decision was unanimous. "We found no merit in the McDonald's appeal to continue with the suit," Arifin said. Counsel S.F. Wong for McDonald's, which has been operating...