Latest news on ‘Governance’
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Bernanke regrets reticence on Lehman
Ben Bernanke, Federal Reserve chairman, expressed regret for not being “more straightforward” with Congress in 2008 when he avoided saying that the central bank had no means to save Lehman [...]
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Regulators defend actions on Lehman, Wachovia
WASHINGTON (AP) — Federal bank regulators are defending their actions leading up to the collapse of Lehman Brothers and the purchase of Wachovia at the height of the financial crisis.
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SEC moves toward making proxy ballot access easier
WASHINGTON (AP) — The Securities and Exchange Commission moved Wednesday toward making it easier for shareholders to nominate directors of public companies, over the objections of a commission member who [...]
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New Jersey Settles SEC Fraud Claims Over $26 Billion in Bonds
The State of New Jersey settled claims that it fraudulently misled municipal-bond investors while underfunding the state’s two biggest pension plans in the first Securities and Exchange Commission case to [...]
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Wall Street bill clears crucial Senate hurdle
WASHINGTON (Reuters) – The broadest overhaul of U.S. financial rules since the Great Depression was on its way to becoming law on Thursday after it cleared a crucial hurdle in [...]
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Federal budget gap tops $1 trillion through June
WASHINGTON (AP) — The federal deficit has topped $1 trillion with three months still to go in the budget year, showing the lasting impact of the recession on the government’s [...]
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Anadarko, Mitsui Executives to Testify Before Senate
By ISABEL ORDONEZ – The heads of Anadarko Petroleum Corp. and Mitsui & Co.’s oil-exploration unit will testify before a U.S. Senate subcommittee July 22 on their liability in the [...]
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Obama administration set for drill ban legal fight
NEW ORLEANS (Reuters) – The Obama administration heads to court on Thursday aiming to reinstate a six-month moratorium on deepwater oil drilling imposed after the devastating BP Plc (BP.L)(BP.N) Gulf [...]
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Feds ask court to reinstate drilling moratorium
NEW ORLEANS (AP) — Federal authorities have asked an appeals court to reinstate a moratorium on deepwater drilling declared after BP’s oil well blew out in the Gulf of Mexico.
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Supreme Court strikes down part of anti-fraud law
WASHINGTON (AP) – The Supreme Court on Monday struck down part of the anti-fraud law enacted in response to the Enron and other corporate scandals from the early 2000s, but [...]
