Word: settlement
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...idea that you had to come to some unified settlement with all of the banks was ridiculous," says Thomas Adams, a lawyer at Paykin Krieg and Adams, LLP, and a former managing director at bond insurer FGIC. "But that seems to be the working logic at the Federal Reserve." (See TIME's 2009 Person of the Year: Federal Reserve Chairman Ben Bernanke...
...Centcom commander General David Petraeus weighed in on the question of a political settlement in the Times of London on Monday, warning that before a political resolution could be achieved, there would be some intense fighting to roll back the Taliban and disabuse them of the prospect of a battlefield victory. And Gates has made clear that the movement's leadership is unlikely to negotiate a compromise until it has been dealt some heavy blows on the battlefield. Still, Petraeus suggested, current outreach efforts that are limited to those Taliban willing to lay down their arms and accept the Afghan...
...roads, in other words, point to a negotiated settlement...
...that? My sense of it is that [U.S. special envoy to the Middle East George] Mitchell spent a number of months negotiating a settlement deal and saw some progress from the Israelis and kind of got blinded by that, because he didn't see that it wasn't sufficient progress for the Palestinians...
...Geneva-based Optimal hedge funds. It moved fast to make good, offering to repay 100% of the sums invested. Santander says 94% of its Madoff victims have accepted, costing the bank $648 million at current exchange rates. It also returned $235 million to the Madoff estate in a settlement of claw-back claims with U.S. trustee Irving Picard...