Word: trading
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Dates: during 1990-1999
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Last February, another Loral waiver request landed on Clinton's desk. The State Department supported the waiver, arguing that it would promote trade with China and enhance America's position as the world telecommunications leader. But Clinton knew that Loral's technology transfer was under investigation. He also knew that Loral's chairman, Bernard Schwartz, was the largest individual donor to the D.N.C. in 1996, responsible for more than $600,000 in soft-money donations. Clinton was warned in a Feb. 18 decision memo that Justice believed that if the Loral investigation ever went to trial, "a jury likely would...
Last week the White House was alarmed to discover that the President's ratings in internal polls had "fallen through the floor," as a source put it. And a new TIME-CNN survey reveals that almost half those polled believe the Administration favored China in trade decisions because the Chinese government contributed money to the Democrats. Fifty-eight percent say a new independent counsel should investigate the charge. "I expect we'll have to go through another two weeks of this," says White House press secretary Mike McCurry, who notes that the summertime scandal is now a Washington ritual...
Stores are loaded with small, jazzy cameras guaranteed to make you a photo genius if you can figure out which one to buy. "Where do you begin? It's crazy," confesses Jaqueline Augustine, who chairs the Photography Information Council, a trade group that tries to educate the camera-buying public. By her reckoning, there are more than 200 cameras on the market. "We've definitely confused the consumer," she says...
...part of his case--proving Windows is a monopoly, duh--but rates his chance of overall victory as fifty-fifty at best. "Justice will have to show Microsoft has achieved a dangerous amount of control of the browser market," notes George Mason law professor William Kovacic, a former Federal Trade Commission antitrust enforcer. "That's a fairly demanding test...
WASHINGTON: The Federal Trade Commission could file suit as early as this week against chip makers Intel, the Netly News reports. FTC chairman Robert Pitofsky charges that the silicon superpower is withholding vital technical information from its suppliers and competitors. "Our premise is that competition will feed innovation more than monopoly," Pitofsky says...