Word: sec
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...long-awaited report from the inspector general at the Securities and Exchange Commission concluded that the SEC received six "substantive" complaints from June 1992 to December 2008 that could have uncovered disgraced financier Bernie Madoff's Ponzi scheme as early as 1992 if it had "properly examined or investigated" Madoff's trading practices...
...professors—a group of Law School and Business School experts on corporate governance—argue in a letter sent to the SEC in mid-August that any proposal to increase shareholders’ influence on board member selection needs to be more restrictive. They wrote that speculators and raiders—the kind epitomized by “Wall Street’s” Gordon Gekko—have little long-term interest in a given company and may sacrifice long-term viability for short-term profits...
According to a Washington D.C. lawyer with expertise in corporate governance who declined to be named to protect his client relationships, any potential reforms are sure to face a concerted challenge in court over whether the SEC has power to regulate in this field...
...results had contributed to the decision by the International Association of Athletics Federations (IAAF) to request a detailed gender-verification test of the athlete. Semenya came to the world's attention after winning the African Junior Championships in Mauritius and then the World Championships by a massive 2-sec. margin. (Read "Between the Sexes...
...Tsinghua, he told audience members they ought to limit their driving to the weekends, a nonstarter in U.S. politics if ever there was one. In our interview, he suggested that Americans should get over their need for gas-guzzling speed ("Believe me, 0 to 60 [m.p.h.] in 8.5 sec. is fine") and meat-heavy diets ("We really don't need 12-oz. steaks every day") before he realized he was making energy transformation sound like a bummer - and abruptly changed the subject. "I don't want to deliver too many messages," Chu said, more to himself than...