Word: wednesday
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Dates: during 2010-2019
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...more regulations, please. That was the message from top executives at four of the nation's largest financial firms on Wednesday, spoken to a commission set up by an act of Congress to investigate the causes of last year's credit crunch. But more than a year after poor lending standards, unregulated products and bonus bonanzas helped spark the worst recession since the Great Depression, many say that reining in Wall Street is the only way to prevent another financial crisis. (Read "Hearings to Begin on Causes of Financial Crisis...
...Nonetheless, on Wednesday, in front of the Financial Crisis Inquiry Commission (FCIC), the bank executives tried to paint a picture that the failures that caused the crisis were missteps by management, sometimes even themselves, but not the result of faulty regulation. Lloyd Blankfein, CEO of Goldman Sachs, told the panel, "After the shocks of recent months and the associated economic pain, there is a natural and appropriate desire for wholesale reform. We should resist a response, however, that is solely designed around protecting us from the 100-year storm." (See the top 10 crooked CEOs...
...tour de force," he wrote. "[H]er testimony was powerful, compelling and the cross examination didn't lay a glove on her.” The defense could not be reached for comment on Wednesday...
Citizens of Cambridge and several neighboring towns will vote in a special election this spring to fill imprisoned ex-senator Anthony D. Galluccio’s vacant seat in the Massachusetts state legislature, Senate President Therese Murray announced Wednesday...
...confirm it," said Clifford N. Murray '10, the theatrical organization's president, in an interview with The Crimson on Wednesday. Murray referred further comment to press manager David J. Smolinsky...