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...when Goldman became a bank-holding company in late 2008 - the oversight of his firm had increased to a level that, given all that had happened, seemed right. "Perhaps there should have been more [regulation] than there was before September 2008," he said in response to a question about whether regulators had done their job leading up to the crisis. "But now it feels like a lot, and appropriately...
...interviews with The Crimson last year, Steven M. Rose, a former HMC tax director, questioned whether a non-profit such as Harvard ought to be utilizing investment vehicles such as offshore companies to boost financial returns. Rose also said that during the time of his employment at Harvard in 2001, HMC operated with a profit-driven mentality that he considered at odds with the University's educational mission...
...enforce the gun ban, 3,500 mobile police checkpoints have been set up nationwide, and violators face jail terms of up to six years if convicted, and disqualification from holding public office. It is, of course, too early to predict whether the measures will be effective. But a cartoon in the Philippine Daily Inquirer this week succintly captured the public mood, depicting the barrel of a handgun as two fingers - crossed. And as security analyst Pete Troilo at risk consultancy Pacific Strategies & Assessments points out, "Innately resilient Filipinos and hardened expatriates ... recognize that despite the violence that will definitely accompany...
...this conveyed to the President? Said the senior Administration official: "We are not going to comment on specifically what was included in PDB product or whether President Obama was briefed on a specific matter at a specific time. Also we are not going to comment on who tasks what follow-up actions in response to specific threats." The official said that Obama and his national-security team "routinely ask for more detailed information and explanations of what follow-up steps are being taken to address particular threat streams and to respond to known terrorist threats." The official said Obama...
...afford a luxury car were not used to going out of their way to buy it, says Peter Kronschnabl, president of BMW India. In the past, a car would be sent to the home of a prospective buyer, who would decide by the look of it in the driveway whether to purchase it or not. So the company began investing in a larger network of dealerships, opening 18 showrooms around the country to woo potential buyers...