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Recent Featured Articles

Featured Articles

October 6, 2008
Lexis Nexis - AC
FINANCIAL SYSTEM IN CRISIS; In D.C., Few Evade Blame For Calamity; Congress, Lobbyists And Policymakers Had Hands In Decades Of Deregulation. Waxman Holds Hearings Today.


By: Los Angeles Times
Tom Hamburger, Times Staff Writer

When Congress voted last week to bail out Wall Street banks and investment houses, members were also indirectly voting to repair damage lawmakers themselves had caused during a decades-long era of deregulation.

As the blame game...


October 6, 2008
Lexis Nexis - AC
Paulson Crafts His New Role


By: Christian Science Monitor
Peter Grier Staff writer of The Christian Science

Wall Street now runs through Washington. Well, maybe not literally. But the Oct. 3 enactment of a massive rescue bill, plus the government bailouts that preceded it, may have changed fundamentally the relationship between the US...


October 4, 2008
Lexis Nexis - AC
Rescue Bill Passes, But Stocks Sell Off As Economy Slows; Dow Dives 4% After Vote; Treasury Must Now Decide How To Deploy $700 Bil, Calm Markets, Make Profit


By: Investor's Business Daily
JED GRAHAM

The House passed an emergency plan to stabilize the financial system on Friday, paving the way for what could be the biggest government intervention into the private sector since the Great Depression. But stocks sold off amid...


October 4, 2008
Lexis Nexis - AC
FINANCIAL CRISIS: A HARD VOTE AND A COMPLEX TASK; Approval Of Bailout Comes Amid Signs That A Steep Recession Is Just Beginning; Despite Anger At 'pigs On Wall Street,' Many In House Change Their Votes To Yes


By: Los Angeles Times
Richard Simon, Nicole Gaouette, Times Staff Writers

The House of Representatives approved the $700-billion Wall Street bailout Friday, setting in motion the biggest government intervention in the financial system since the Great Depression. President Bush quickly signed the bill,...


October 4, 2008
Lexis Nexis - AC
THE FINANCIAL CRISIS; Bailout's Tax Breaks Aid 'dirty Fuels'; Incentives Aimed At Renewable Energy Mean Billions For Coal And Oil Projects That Increase Emissions.


By: Los Angeles Times
Julie Cart, Times Staff Writer

The renewable-energy tax incentives tucked into the financial bailout package passed by the House on Friday include billions of dollars in breaks for old-fashioned fossil-fuel processes such as liquefying coal and squeezing...


October 3, 2008
Lexis Nexis - AC
FINANCIAL CRISIS: CAPITOL HILL; 11th-hour Scramble For Votes On Bailout


By: Los Angeles Times
Jim Puzzanghera, Tom Hamburger and Richard Simon, Times S

Lobbying for the $700-billion financial rescue plan reached fever pitch as the hours ticked down toward today's climactic vote in the House, with powerful interest groups orchestrating last-minute appeals from constituents back...


October 3, 2008
Lexis Nexis - AC
WALL STREET TURMOIL: Q&A: THE PACKAGE; What It Will - Or Won't - Do


By: Newsday (New York)

The U.S. House of Representatives is slated to take up the Bush administration's $700-billion financial bailout plan again, and while most observers believe the package - with new sweeteners - has a good chance of passing, there...


October 3, 2008
Lexis Nexis - AC
Sustainability No Longer Just Corporate Social Responsibility, Says WWF Chief


By: Targeted News Service
Targeted News Service

 

World Wildlife Fund issued the following news release:

Sustainability is no longer just a matter of corporate social responsibility (CSR), it is a fundamental business proposition, James Leape, Director General of WWF...


October 2, 2008
Lexis Nexis - AC
WALL STREET TURMOIL: Senate Says OK, Will House?


By: Newsday (New York)
THE ASSOCIATED PRESS

 

WASHINGTON- After one spectacular failure, the $700-billion financial industry bailout found a second life yesterday, winning lopsided passage in the Senate and gaining ground in the House, where Republican opposition...


October 2, 2008
Lexis Nexis - AC
U.S. Companies Focusing On Corporate Governance, Shareholder Rights, Says Shearman & Sterling's Sixth Annual Corporate Governance Practices Survey; Compensation Survey Indicates Increased Transparency And Continued Growth


By: PR Newswire

 

NEW YORK -- U.S. public companies are becoming increasingly more responsive to good corporate governance practices and to the interests of their shareholders, as exemplified by the rise of majority voting, the decline of both...


October 2, 2008
Lexis Nexis - AC
Faith-Based And Social Investors Praise Wal-Mart's Efforts To Stop Forcing Children To Pick Cotton


By: Ascribe Newswire

 

Faith-based and socially responsible investors commend Wal-Mart for taking action to put an end to child labor in Uzbekistan. Wal-Mart announced that it has "instructed its global supply base to cease sourcing cotton and cotton...


October 1, 2008
Lexis Nexis - AC
The Poison Spreads; Food Regulation In China


By: The Economist

Tainted milk kills children?and harms China?s image abroad WITH each passing day the news about China?s tainted-milk scandal gets worse. It started with reports in the Chinese press on September 10th about tainted baby-formula...


October 1, 2008
Lexis Nexis - AC
FINANCIAL CRISIS: REGROUPING ON CAPITOL HILL; Hopes Hang On Bailout Tweaks; Changes, Including A Big Deposit Insurance Hike, Are Crafted To Attract Crucial Votes. Senate Is To Act Today.


By: Los Angeles Times
Richard Simon, Jim Puzzanghera and Nicole Gaouette, Times

Senate leaders reached consensus late Tuesday on a revised $700-billion financial rescue plan that they hoped would clear the chamber in a vote today and ward off another upheaval in global markets that could threaten economies...


October 1, 2008
Lexis Nexis - AC
CAMPAIGN '08: THE FINANCIAL CRISIS; VOTING; Pelosi's Tactics Come Under Scrutiny; Some Say She Was Too Partisan Or Didn't Press Her Side Hard Enough. Others Say The Vote May Benefit Her Party.


By: Los Angeles Times
Janet Hook, Times Staff Writer

When Nancy Pelosi was sworn in as the first Democratic House speaker in 12 years, she promised to reach across the aisle to Republicans, to be "speaker of the House -- the entire House." In tribute to that spirit, she dressed in...


September 30, 2008
Lexis Nexis - AC
Politics, Fear Spell Doom For Bailout; Bush, House Leaders Can't Stop Backlash


By: USA TODAY
Richard Wolf, Kathy Kiely, Fredreka Schouten and John Fritze

WASHINGTON -- When President Bush came on television at 7:35 a.m. Monday to urge passage of a $700 billion Wall Street rescue plan, fellow Republicans working out in the House gymnasium jeered his remarks.

Hours later, when...


September 30, 2008
Lexis Nexis - AC
FINANCIAL CRISIS: AFTER THE VOTE; How Bad Will It Get Without A Bailout?


By: Los Angeles Times
Peter G. Gosselin, James Puzzanghera, Times Staff Writers

If the House vote against the $700-billion financial rescue proposal stands, Americans may be in for a test of free-market economics the likes of which the country hasn't seen since the early 1930s. With the Treasury Department...


September 29, 2008
Lexis Nexis - AC
Cornerstone Executive Development Group Announces The First Annual Corporate Greed Awards Of 2008 On America's Top Coach.com; Winners; Daniel Mudd, Fannie Mae - 1st Place Tie; Richard Syron, Freddie Mac - 1st Place Tie; Robert Nardelli, Chrysler - 2nd Plac


By: PR Newswire

 

LOS ANGELES,-- As announced on America's Top Coach.com, the bailout of Fannie Mae and Freddie Mac has earned the highly paid CEOs behind these tanked companies a tie for 1st place in the "First Annual Corporate Greed Awards",...


September 29, 2008
Lexis Nexis - AC
The Question Now: Will It Work?


By: USA TODAY
John Waggoner, Sue Kirchhoff and Barbara Hagenbaugh

They met. They argued. They wheeled and dealed. Now Congress has a tentative agreement on how to bail out the nation's financial system, and leaders are promising approval by midweek. The $700 billion question: Will it work? If...


September 29, 2008
Lexis Nexis - AC
Top Executives' Pay Takes A Hit; Bailout Plan Seeks To Rein In Compensation, Exit Packages


By: USA TODAY
Del Jones and Edward Iwata

The draft of the government's controversial $700 billion financial rescue plan released Sunday makes it clear that CEOs of firms seeking the bailout are about to have their pay packages capped. The proposal seeks to rein in...


September 29, 2008
Lexis Nexis - AC
A CLOSER LOOK; How Safe Is Infant Formula?; The Tainted Products That Sickened Chinese Babies Aren't Sold Legally In The U.S., Where Formula-making Is Tightly Regulated.


By: Los Angeles Times
Jill U. Adams, Special to The Times

Babies in China are obviously at risk from tainted infant formula. More than 54,000 children in that nation have been sickened and at least four have died in recent weeks after drinking contaminated milk products. But despite...


September 26, 2008
Lexis Nexis - AC
Carbon Emissions Shock Researchers; Greenhouse Gas Output Is Rising In Spite Of Measures To Reduce It.


By: Los Angeles Times
From Times Wire Services

The world pumped up emissions of the chief human-produced global warming gas last year, setting a course that could push beyond leading scientists' projected worst-case scenario, international researchers said Thursday.

The new...


September 26, 2008
Lexis Nexis - AC
FINANCIAL CRISIS: A SEESAW DAY OF NEGOTIATIONS; Attempts To Limit CEO Pay Have Yet To Succeed; For Every New Rule Regulators Or Congress Puts Into Place, A New Loophole Is Discovered. The Proposed Bailout Offers Another Chance.


By: Los Angeles Times
Jim Puzzanghera, Times Staff Writer

There's one thing that angry lawmakers and their constituents agree about the Wall Street bailout being crafted by Congress: Executives at teetering companies the government helps steady shouldn't walk away with millions of...


September 25, 2008
Lexis Nexis - AC
Great Lakes States Get To Keep Water; House Approves Bill That Bans Diversions


By: Buffalo News (New York)
By Jerry Zremski - NEWS WASHINGTON BUREAU CHIEF

The nightmare of environmentalists in the Great Lakes -- the shipment of massive quantities of the lakes' fresh water to parched states or countries -- is far less likely to come true thanks to a vote Tuesday in the House.

By a...


September 25, 2008
Lexis Nexis - AC
Chinese Candy Sold In U.S. Has Harmful Chemical


By: USA TODAY
Elizabeth Weise

New Zealand says one of China's most popular candies -- a kind frequently sold at Asian markets in the United States -- contains dangerous levels of the industrial chemical melamine.

 


September 25, 2008
Lexis Nexis - AC
Congress Gets Closer To A Deal


By: Newsday (New York)
COMBINED WIRE SERVICES

DEMOCRATS won a key concession yesterday from the White House on its proposed financial bailout and sought to drastically slash the $700-billion size of the rescue plan, saying administration officials could return to Congress...


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