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Treasury shielding Citigroup as deletions make FOIA meaningless
The late Bloomberg News reporter Mark Pittman asked the U.S. Treasury in January 2009 to identify $301 billion of securities owned by Citigroup Inc. that the government had agreed to guarantee. He made the request on the grounds that taxpayers ought to know how their money was being used.Dying banks kept alive show secrets Fed's loan data will reveal
Regulators closed Chicago-based Park National Bank in October 2009 when it owed $345 million to one of the lowest-cost lenders in town: the Federal Reserve's discount window.Bright Line Restored: Auditor Liability Under Rule 10b-5
Paul A. Straus, a partner at King & Spalding, and Mordecai Geisler, an associate at the firm, write that a 2007 Second Circuit decision provides a significant tool to help auditors limit their potential liability to statements they have actually made.View more book results for the query "Related Cos"
Home Depot Shareholders Challenge CEO Compensation
Dissatisfied Home Depot shareholders, who have introduced a slew of proposals that contest CEO Robert L. Nardelli's generous pay package and call for a new slate of directors, will find out at today's annual company meeting if other shareholders feel the same. The dissidents claim Nardelli's superstar compensation, calculated by one source to be $36.6 million in 2005, isn't justified in light of the company's essentially flat stock performance from 2005 to 2006.Geithner tells Obama debt expense to increase to record
Barack Obama may lose the advantage of low borrowing costs as the U.S. Treasury Department says what it pays to service the national debt is poised to triple amid record budget deficits.Taking Out Insurance Against Cybercrime
Cybercrime is in the news. It is also a significant matter of concern for any company that does business on the Internet or uses a computer. In other words, everyone. Opportunities for cybercriminals, are on the rise as a result of rapid technological development and better trained hackers. There are ways to protect yourself and your business, and one way is to make sure your company's insurance policy includes Internet risks.Daily Decision Alert: Vol. 5, No. 233 -- December 10, 1997
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