Word: towards
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...sources, including executives at IBM and McKinsey & Co., for lucrative tips; one leak about a Google earnings report yielded his firm $8 million in profits in 2007, authorities said. The investigation was the first insider-trading probe to make use of wiretaps and may signal a tougher attitude toward white collar crime in the wake of the Bernard Madoff scandal...
...evident that the massive 'stimulus' spending bill enacted months ago has been unsuccessful." Obama economic adviser Larry Summers stepped up to play defense. "Thanks largely to the Recovery Act ...," he wrote, "we have walked a substantial distance back from the economic abyss and are on the path toward economic recovery." (See 25 people to blame for the financial crisis...
...wield over the Pakistani military. During the Bush administration, there were suggestions that Washington was even secretly backing anti-Iranian groups like Jundullah and staging covert operations against Iran from Baluchistan. But a more public effort to reach a just solution for Baluch grievances would go a long way toward securing stability for Pakistan in general. The Baluch disturbances have put on hold plans to build a lucrative gas pipeline from Iran to India via Pakistan - a link that would enhance regional cooperation as well as boost the nation's wealth. Calming separatist passions would also serve as a lesson...
...same might be said of its stance toward corporate transparency. The Chamber successfully sued the Securities and Exchange Commission five years ago to block a requirement that 75% of mutual funds' boards be independent. And another legal battle seems likely to be brewing over the new SEC Commissioner's interest in pushing to allow shareholders to nominate independent members to corporate boards. "They will accept all kinds of stimulus funds and bailouts but God forbid we should ask for any kind of accountability in return," says Nell Minow, co-founder of Corporate Library, a corporate governance research firm...
...case focuses on a false employment scheme that Chirac was allegedly involved in toward the end of his time in the mayor's office from 1994-1995. Chirac and members of his City Hall staff are suspected of having created nearly 500 fictional consulting jobs for members of Chirac's conservative party - a way of paying people for political work out of public coffers. Twenty-one of these suspicious positions are cited in Simeoni's dossier. Chirac was constitutionally banned from giving testimony in the case while he was president from 1995-2007, but he admitted after leaving office that...