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...says Raymond Baker, executive director of Global Financial Integrity, the capital-flight argument is similar to the businesses' objection to the 1977 Foreign Corrupt Practices Act, which outlawed overseas bribery. U.S. businesses would be at a competitive disadvantage, it was warned. Over time, though, America's example set a new global standard. Argues Baker: "There would be no net loss to the U.S. economy by eliminating secrecy. On the contrary, the more we can do to make the U.S. economy transparent, the more we can strengthen [it], and the more we will attract money from overseas...

Author: /time Magazine | Title: Why U.S. Law Helps Shield Global Criminality | 2/2/2010 | See Source »

Sean M. Cuddihy ’11 said that he is currently confronting a similar choice as he seeks summer employment. “This summer I can apply for an IOP grant to work for a congressman and break even, or I can help my family stay afloat financially,” he said...

Author: By Julie M. Zauzmer, CRIMSON STAFF WRITER | Title: Students Approve of Obama's Loan Plan | 2/1/2010 | See Source »

...proposed policy] “is going to be controversial just like healthcare reform,” Mettler said. “The battle lines are similar...

Author: By Julie M. Zauzmer, CRIMSON STAFF WRITER | Title: Students Approve of Obama's Loan Plan | 2/1/2010 | See Source »

...while there's a similar momentum to 1994's, the comparison is not apples to apples. Republicans remain cash-strapped, plagued by retirements and struggling to unite a base still somewhat inclined to fratricidal bouts of rage. Look no farther than the November special election in New York's 23rd congressional district for evidence of how a divided GOP will fail. Before they get to next November almost all of their candidates, and some incumbents, will have to win primaries in a landscape transformed by the tea-party movement. And there's a fine line with swing voters between being...

Author: /time Magazine | Title: Can Republicans Win Big as the Party of No? | 2/1/2010 | See Source »

...seeing flames coming from the plane on the runway before it hit Continental's stray metal piece, suggesting that something was wrong with the Concorde itself. That is a key point in the defense strategy pursued by Continental's lawyers, who say they have 28 witnesses who can provide similar testimony. The lawyers told the Parisien newspaper last Friday that they intend to ask the judge to dismiss the charges when the trial opens...

Author: /time Magazine | Title: Fault of the Concorde: An Icon's Day in Court | 2/1/2010 | See Source »

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