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11 May 2010, 1:38 pm
Meanwhile, SEC Chairman Mary Schapiro testified before the Financial Services Committee's Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises this afternoon to summarize the events of May 6, provide an overview of the current market structure and discuss various regulatory tools to be considered "in determining how best to maintain fair and orderly financial markets and to prevent severe market disruptions in the future. [read post]
11 May 2010, 1:05 pm
Below is an essay by Kenneth A. [read post]
11 May 2010, 8:14 am
Today, John Taylor appeared on Squawk Box (video embedded below) to discuss the European situation, arguing that the bailout is likely to simply "delay the inevitable" and urging an early and orderly restructuring of Greek debt. [read post]
11 May 2010, 12:19 am
As had been widely rumored by, among others, the Wall Street Journal, Movie Gallery, Inc. acknowledged that its attempt to downsize and reorganize had failed and that the company has agreed with its Official Committee of Unsecured Creditors, lenders and others that "it is in the best interests of the Debtors, their estates, the Debtors’ stakeholders, and the other parties in interest to terminate the Debtors’ remaining business operations, liquidate the Debtors’ remaining… [read post]
10 May 2010, 5:21 pm
Statement by Governor Paterson on the approval of emergency appropriations legislation containing authorizations for employee furloughsIssued by the Governor's Press OfficeDateline: ALBANY, NY (05/10/2010) --"I commend the Legislature for approving my emergency appropriations legislation, which will ensure the continued orderly operation of government and achieve necessary workforce savings through State employee furloughs. [read post]
10 May 2010, 8:52 am
Pursuant to the Dodd-Shelby Amendment, the legislation creates an orderly liquidation mechanism for the FDIC to unwind failing systemically significant financial companies. [read post]
10 May 2010, 7:20 am
This type of bankruptcy primarily contemplates an orderly, court-supervised procedure by which a court-appointed "trustee" takes over the assets of the debtor's estate (to the extent that he or she has any, if at all), "liquidates" or reduces them to cash, and makes distributions of such recovered funds to creditors. [read post]
9 May 2010, 12:06 pm
Such a move would be out of step with the state's orderly march into 21st century criminal law and science. ...As for the Forensic Science Commission, it appears the chairman's goal is to slow investigations until after the 2010 elections. [read post]
7 May 2010, 1:39 pm
Rather, I would argue that it points out that while the rule of law is a necessary condition for a just and orderly society, it is not a sufficient one. [read post]
7 May 2010, 1:03 pm
However, whether or not it is legally required to signal in a particular situation, we must remember the intent of the legislation: to create an orderly and predicable flow of traffic in order to avoid collisions. [read post]
5 May 2010, 2:30 pm
Those who directly benefited from the orderly liquidation will be the first to pay back the government at a premium rate. [read post]
5 May 2010, 8:52 am
His Department of Education is currently implementing a much-trumpeted civil rights enforcement plan that will make it more difficult for inner city schools to maintain safe and orderly classrooms. [read post]
4 May 2010, 3:37 pm
They are playing for higher stakes than we are playing for when we tinker with actuality in order to transform the tale told by an idiot into an orderly, self-serving narrative. [read post]
3 May 2010, 3:18 pm
Where the applicant (i) is unlawfully present in the UK within the meaning of para 7 of Schedule 3 Nationality, Immigration and Asylum Act 2002; (ii) is destitute and would (apart from Schedule 3) be eligible for services of the kind listed in para 1 of Schedule 3; and (iii) has made an application to the Secretary of State for leave to remain which expressly or implicitly raises grounds under the Convention, the demands on the Council's resources can play no part in its assessment of need:… [read post]
3 May 2010, 3:18 pm
Where the applicant (i) is unlawfully present in the UK within the meaning of para 7 of Schedule 3 Nationality, Immigration and Asylum Act 2002; (ii) is destitute and would (apart from Schedule 3) be eligible for services of the kind listed in para 1 of Schedule 3; and (iii) has made an application to the Secretary of State for leave to remain which expressly or implicitly raises grounds under the Convention, the demands on the Council's resources can play no part in its assessment of need:… [read post]
3 May 2010, 8:15 am
” In general, the financial reform proposal would require institutions to set aside more assets as a cash cushion to cover losses, require that risky derivative trades be done on exchanges “in the open,” provide consumer protections and a more orderly process to wind down failing institutions than bankruptcy. [read post]
3 May 2010, 6:06 am
According to Taylor, such reforms of Chapter 11F are preferable to the proposed “orderly liquidiation” authority, though this sort of reform would face political obstacles. [read post]
1 May 2010, 10:10 am
Even more telling than the shift of focus from emerging markets is the widening divide in the views of those institutions and governments leading efforts to secure an orderly resolution. [read post]
30 Apr 2010, 3:07 pm
That it may bar meritorious causes of action as well as unmeritorious ones in the ‘price of orderly and timely processing of litigation’ [citation] — a price that may be high, but one that nevertheless must be paid. [read post]
30 Apr 2010, 2:37 pm
Bank of America's chief executive said Friday that he supported a $50 billion "orderly liquidation" fund for large financial firms, but that he thought it should be built up over time [read post]
