Jeff Emerson News
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MF Global Holdings Ltd. collapsed last year because of mistakes made by former chairman and chief executive officer Jon S. Corzine, U.S. House Republicans said in a report on the futures brokerage’s path to bankruptcy.
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MF Global Holdings Ltd. collapsed last year because of mistakes made by former chairman and chief executive officer Jon S. Corzine, U.S. House Republicans said in a report on the futures brokerage’s path to bankruptcy.
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A U.S. House subcommittee received more than 5,000 pages of documents it requested on the Federal Reserve Bank of New York’s communications on how the London interbank offered rate was set.
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The Federal Reserve Bank of New York was given more time to comply with a congressional request for information about staff communications with banks involved in setting the London interbank offered rate.
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Representative Kevin Brady, the top Republican on the Joint Economic Committee, is drafting legislation that would focus the Federal Reserve on a single mandate for price stability, require more transparency and shift control over interest rates away from Washington.
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After Mark Logsdon tore a ligament in his knee skiing at Lake Tahoe in March, he returned home to suburban Sacramento and had an MRI scan at Sutter Davis Hospital.
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Tea Party favorites such as Stephen Fincher of Tennessee were swept into Congress on a wave of anger over government-funded bailouts of banks.
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Representative Kevin Brady, the top Republican on the Joint Economic Committee, introduced a bill that would narrow the Federal Reserve’s focus to price stability, eliminating its mandate to promote full employment.
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Congressional questions about Facebook Inc.’s initial public offering are forcing its nascent lobbying operation to play defense as it builds the political support companies need before coming under scrutiny.
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Inspections of investment advisers by the Financial Industry Regulatory Authority may cost at least twice as much as more frequent examinations by the U.S. Securities and Exchange Commission, according to the Boston Consulting Group.
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