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In early February, Goldman provided Kotz's office with a list of 11 recommendations to fix the agency, including a 10% bounty on uncovering fraud, a retail-broker-trained commissioner, greater authority to jail or to levy severe financial penalties, and an online clearinghouse for complaints. In response, Heidi Steiber...
It's no longer enough to repeat a prescribed number of prayers; you also have to do good, such as volunteer at a soup kitchen, help resettle refugees or donate to a worthy cause. Much like how many high schoolers have to fulfill a community-service requirement, Catholics are being...
You might have noticed a particular word missing from the speech President Obama gave on Wednesday in rolling out the Administration's massive housing-rescue plan. That word is "subprime." That might ring a little odd, considering how religiously we've been talking about the "subprime mortgage crisis" - all the...
Guests can choose from 13 configurations of rooms and suites, finished with Australian timber and handsome furnishings in contemporary earth tones, and accented by local art. Civilized touches - minuscule markups on the minibar, barista-worthy machines that brew complimentary coffee grounds - add to the welcome. The hotel's restaurant, Opus...
It was a rare slash of candor in the annual winter policy-conference festivities - the worthy caravan of world-class bloviation that migrates from the now soiled majesty of the economic wizards at Davos to the Cold War clutch of the Munich Security Conference, to the think-tanky but heartfelt...