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Recent NewsDecember 22, 2008 Mapping Renewable Energy, Rooftop by RooftopSource: Time The sun shines on everyone — but not in equal measure. That reality has long slowed the spread of solar power. Depending on where you live in the country — or even where you live in your city — the same array of photovoltaic... December 22, 2008 CSA implements broad directives for good corporate governanceSource: Financial Post - CA Regulators are proposing the latest method of ensuring good corporate governance at Canadian companies with an emphasis on broad principles rather than the prescriptive rules and minimum requirements currently in place. December 22, 2008 Emergency Preparedness: States Are Planning for Medical SurgeSource: MND - CA Potential terrorist attacks and the possibility of naturally occurring disease outbreaks have raised concerns about the “surge capacity” of the nation’s health care systems to respond to mass casualty events, according to a... December 22, 2008 China Cuts Key Rates for Fifth Time in Three MonthsSource: Bloomberg.cpm China cut interest rates for the fifth time in three months to support the world’s fourth-biggest economy after trade growth collapsed because of recessions in the U.S., Europe and Japan. December 20, 2008 Congress Will Set Conditions for $350 Billion in Rescue FundsSource: Bloomberg.com Congress will use the remaining $350 billion in a U.S. bank-rescue package to force the Bush administration and President-elect Barack Obama into providing foreclosure aid as the pace of people losing their homes soars.
December 19, 2008 Banks Try New Ways to Handle BonusesSource: New York Times But this bonus season is shaping up to be like no other. The normal buzz of money — big money — is all but silenced. While many bankers will still collect six- or even seven-figure bonuses, the average payout for rank-and-file... December 19, 2008 Citi forms oversight committee, plans to lend moreSource: CNN Money Citigroup to increase lending, forms oversight committee for government funds, CEO says
December 19, 2008 Next SEC chief may be shareholder advocate![]() Source: MarketWatch Incoming Securities and Exchange Commission chairwoman Mary Schapiro was a solid shareholder advocate during her stint as a commissioner at the agency, signaling that she could be an activist on investor issues again, according... December 19, 2008 Parmalat founder gets 10 years over 'Europe's Enron'Source: AFP Parmalat founder Calisto Tanzi was sentenced to 10 years in prison over a 14-billion-euro fraud scandal in 2003 that caused Europe's largest corporate bankruptcy to date.
December 19, 2008 Top US Lawmakers Take Aim At AIG Executive CompensationSource: CNN Money Top U.S. House lawmakers are pressuring the Treasury Department to prevent American International Group Inc. (AIG) from distributing hundreds of millions of dollars to executives, saying it violates the terms of the financial... December 19, 2008 DHS wants green card holders' fingerprints![]() Source: CNET News Millions of green card holders will be fingerprinted and photographed every time they enter the United States as part of an expansion of a controversial biometric program, the U.S. Department of Homeland Security announced on... December 19, 2008 Treasury Sued By FOX Business Network Over Rescue Plan InfoSource: CNN Money FOX Business Network said Thursday it has filed a lawsuit against the U.S. Treasury Department for being slow to provide information on the $700 billion financial rescue plan.
December 19, 2008 Credit card changes will give consumers a break![]() Source: Los Angeles Times Responding to rising consumer complaints, federal regulators Thursday adopted the most sweeping new rules for the credit card industry in three decades, including tougher restrictions on interest rate hikes and late fees.
December 19, 2008 Next SEC boss had CBOT spat![]() Source: Chicaga-Sun Times In picking Mary Schapiro as chairman of the Securities and Exchange Commission, President-elect Barack Obama found a nominee with a background that prepares her for leading major changes in the nation's system of market... December 18, 2008 Advocates Weigh In on FDA LeaderSource: The Wall Street Journal Health groups, some backed by the drug industry, have joined the heated lobbying battle in Washington over the next commissioner of the Food and Drug Administration, sending a letter to Health and Human Services... December 18, 2008 On Wall Street, Bonuses, Not Profits, Were RealSource: New York Times For Dow Kim, 2006 was a very good year. While his salary at Merrill Lynch was $350,000, his total compensation was 100 times that — $35 million.
The difference between the two amounts was his bonus, a rich reward for the... December 18, 2008 GM, Chrysler reopen merger talks: JournalSource: MarketWatch General Motors Corp. and Chrysler LLC have reopened merger talks, according to a report in The Wall Street Journal on Thursday. The latest move comes as Chrysler owner Cerberus Capital Management LP has indicated its willingness... December 18, 2008 Environmentalists file 11th-hour lawsuit to block proposed lease sales in UtahSource: Los Angeles Times They contend that the Bush administration, in its haste, failed to comply with regulations requiring it to consider the sales' effect on air quality and other environmental factors December 18, 2008 Obama Pick to Lead SEC Is Veteran Wall St. RegulatorSource: Washington Post The selection of Mary L. Schapiro, who would be the first woman to chair the SEC on more than an interim basis, follows a series of high-profile controversies that have raised doubts about its competence as the chief enforcer of... December 18, 2008 Coca Cola, Anheuser Busch, Pepsi and Nestle Waters Receive Highest Grades in New Beverage Container Recycling ReportSource: U.S. Beverage Container 23 U.S. Beverage Companies Evaluated for Reducing Use of Virgin vs. Recycled Packaging Materials; Supporting Recycling Policies; and Transparency December 18, 2008 ExxonMobil to Pay Penalty for Violating AgreementSource: U.S. Justice Department WASHINGTON—ExxonMobil has agreed to pay nearly $6.1 million in civil penalties for violating the terms of a 2005 court-approved Clean Air Act agreement, the Department of Justice and the U.S. Environmental Protection Agency (EPA)... December 18, 2008 Madoff Scandal Reinforces Need for Hedge Fund Ethics Code, Says Investor AdvocateSource: CFA Institute CFA Institute Centre for Financial Market Integrity Says Industry Should Adopt Strong Professional Code of Conduct. NEW YORK, Dec. 18, 2008 – Kurt Schacht, CFA, managing director of the CFA Institute Centre made the following... December 17, 2008 Chrysler Idles Plants for a Month; GM Halts Volt Engine FactorySource: Bloomberg.com Chrysler LLC, awaiting a federal rescue as its cash dwindles, will shut all 30 of its plants for at least a month starting Dec. 19 as unsold cars and trucks pile up at showrooms. Production won’t resume until Jan. 19 at the... December 17, 2008 Environmentalists Wary of Obama’s Interior PickSource: New York Times President-elect Barack Obama’s choice to lead the Interior Department, Senator Ken Salazar of Colorado, will inherit an agency demoralized by years of scandal, political interference and mismanagement.
December 17, 2008 Prince Charles in climate change appealSource: The Press Association - Australia The Prince of Wales has urged greater international co-operation to tackle climate change as he drew parallels between the environmental crisis and the credit crunch. |
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