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...Goldman reached this trading climax with the help of TARP funding," says analyst David Hendler, who follows Goldman and other financial firms for CreditSights. In a report to clients, Hendler wrote that subsidized funding from the government has "manufactured" these outsized gains for Goldman. "Goldman's results were unbalanced and . . . . due to extremely high risk taking...

Author: /time Magazine | Title: Goldman's Profits: Gambling with Taxpayer Money? | 4/14/2009 | See Source »

...from trading in the first three months of this year. That's up from about 35% on average over the past four years. It has yet to be seen whether other firms have upped their trading bets as well. Goldman was the first of the major financial firms to report earnings in the first quarter. Citigroup and J.P. Morgan have said that they, like Goldman, made money in the first two months of the year. So it is likely those firm have increased the amount of risk they are taking as well. If so, the ramping up of trading...

Author: /time Magazine | Title: Goldman's Profits: Gambling with Taxpayer Money? | 4/14/2009 | See Source »

Daniel V. Kroop ’10 said he thought it was important that students see the report so that they could discuss the issues it addresses...

Author: By Brittany M Llewellyn and Eric P. Newcomer, CRIMSON STAFF WRITERSS | Title: UC Ratifies Stance on J-Term | 4/13/2009 | See Source »

...groups and upbraided by the U.S. for failing to take measures against human trafficking, the Iraqi government has been quietly working on a draft law to tackle the scourge. Baghdad was prodded into action late last year, after the release of the U.S. State Department's "Trafficking in Persons Report," according to Human Rights Minister Wijdan Mikhail Salim. "Let's say it was a tough report about the situation in Iraq, and in so many cases it was right," she says...

Author: /time Magazine | Title: Will Iraq Crack Down on Sex Trafficking? | 4/13/2009 | See Source »

...report was damning. Baghdad, it concluded, "offers no protection services to victims of trafficking, reported no efforts to prevent trafficking in persons and does not acknowledge trafficking to be a problem in the country." As a TIME.com story detailed, trafficking in Iraq is a shadowy underworld where nefarious female pimps hold sway and impoverished mothers sell their teenage daughters on the sex market. (See pictures of a women's prison in Baghdad...

Author: /time Magazine | Title: Will Iraq Crack Down on Sex Trafficking? | 4/13/2009 | See Source »

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