Word: settlement
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...sense of urgency. The meeting that followed, at the attorney general's Manhattan office, between Spitzer and Charles Prince, the new head of Citi's subsidiary Salomon Smith Barney, marked the beginning of what is shaping up as a far-reaching peace treaty. Spitzer, who used a $100 million settlement with Merrill Lynch to reform stock research on Wall Street, wants a similar and more expensive pact with Citigroup to address systemic abuses in the way lucrative initial public offerings (IPOs) of stock have been showered on ceos who sent investment-banking business to Citi. Spitzer is still digging...
...from at least five investigating bodies. Citi negotiators are now leading an effort to settle all matters regarding IPO allocations and analyst conflicts with all regulators and on behalf of all of Wall Street. The Citi team met with Spitzer two weeks ago and then had an initial "global" settlement session with the Securities and Exchange Commission (SEC). The National Association of Securities Dealers (NASD) and the New York Stock Exchange are in close contact with the talks and will be part of any comprehensive deal. Under discussion is setting up stock research as a subsidiary company with no obligations...
...injury she suffered 22 months ago when a roadside bomb blew up her school bus. From the doorstep, her father Ophir calmly watches her go. He knows she can't run far. Her leg is still weak, and in any case no one ventures alone outside this isolated Israeli settlement in the Gaza Strip, a tiny fortress under constant threat of Palestinian attack. Three of Ophir Cohen's eight children lost limbs in the bus bombing, an incident that shook his commitment to stay in Kfar Darom, a settlement of 51 families. But after living near Tel Aviv...
...display, which is titled “What is Occupation?” includes sections on such topics as “Settlement Expansion” and “Torture...
...expressed our fundamental disagreement with divestment from Israel last May, as that movement was picking up steam on campuses across the U.S. But our reasoning, unlike Summers', had nothing to do with the so-called anti-Semitism of its proponents—the divestment movement undermines efforts toward a settlement by making Israel insecure, and peace will never be reached when either Israelis or Palestinians feel like they are under attack...