Stanford University News
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U.S. banks pushed regulators to widen proposed restrictions on trading and hedge-fund ownership by foreign firms, then encouraged governments around the world to complain about the rule’s reach.
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The U.S. dropped the biggest prosecution of individuals accused of foreign bribery after two trials in the case ended with three acquittals and seven mistrials.
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Internal Revenue Service auditors knew about hundreds of millions of dollars R. Allen Stanford borrowed from his Antiguan bank to fund an array of private ventures, according to a tax lawyer who worked on the audits.
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Google Inc. attempted to counter Microsoft Corp.’s allegations that it sidestepped privacy settings in the Internet Explorer Web browser by saying that the policies in question are “widely non-operational.”
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Top researchers at the Stanford University Graduate School of Business are taking diametrically opposing views on the Volcker rule, one of the most important issues in financial reform. The sharp distinctions can be seen in their public comments to U.S. bank regulators writing the rule, the part of the Dodd-Frank law that restricts proprietary trading by very large banks.
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Google Inc. violated users’ privacy on Apple Inc.’s Safari Web browser, Stanford University research found, adding to a drumbeat of criticism from consumer groups and lawmakers over how the search giant tracks people online.
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Google Inc. officials were sued for violating users’ privacy rights on Apple Inc.’s Safari Web browser by bypassing computer settings designed to block monitoring of consumers’ online activity.
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Neel Kashkari, who was on the policy frontlines when Lehman Brothers Holdings Inc. crumpled in 2008, warns European governments against pushing Greece too far as they impose conditions for aid.
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Federal Reserve Chairman Ben S. Bernanke’s pledge to keep rates exceptionally low through late 2014 is a mistake with the U.S. economy gaining steam, said John Ryding, chief economist and co-founder of RDQ Economics.
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Susan Hockfield, the first woman president of the Massachusetts Institute of Technology, will step down from the post as the college plans for a new fundraising campaign.
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