Originally published on Tue December 10, 2013 8:33 pm
The Volcker rule, a centerpiece of the 2010 Dodd-Frank financial law aimed at stopping some of the risky banking practices that contributed to the economic meltdown, was approved by five key regulators on Tuesday, clearing the way for its implementation.
The U.S. Commodity Futures Trading Commission became the fifth and final body to approve the rule. The Federal Reserve and the Federal Deposit Insurance Corp. were also among the agencies that gave the green light.
Originally published on Fri December 13, 2013 11:23 am
"If more of us valued food and cheer and song above hoarded gold, it would be a merrier world." â€” J.R.R. Tolkien
Each year, I swear I will never do this again.
And yet, for the third year in a row, I am preparing to host a day-long Lord of the Rings movie marathon â€“ and cooking up a seven-course hobbit-themed feast, plus dessert, to serve my guests. Maybe it's because, like Tolkien, I too would like the world to be a merrier place.
The recent, very public ouster of North Korea's Jang Song Thaek, the uncle of Kim Jong Un and formerly the country's No. 2 leader, has been noted with some concern in China, which is more or less Pyongyang's only friend in the region.
A batch of internal documents recently leaked to The Guardian has revealed new insights into the goals and finances of the secretive group called ALEC. The American Legislative Exchange Council is a group that brings together state legislators and representatives of corporations. Together, they develop model bills that lawmakers introduce and try to pass in their state legislatures.