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Tension between Finance minister Tendai Biti and Reserve Bank governor Gideon Gono over control of government financial levers has turned into a legal dispute on who has authority over the recent US$510 million financial aid from the International... Full Article at AllAfrica.com
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The annual Financial Development Report from the Geneva-based World Economic Forum (WEF), now in its second year, has already established itself as a must-read for world policymakers and investors. Full Article at Business Week
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Last week’s announcement that “Pay Czar” Kenneth Feinberg slashed compensation for executives at seven large financial firms by an average of 50% stunned Wall Street, stoked the fires of populist resentment, and troubled economists. Full Article at Lone Star Times
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The highest court in New York state held Oct. 22 that Tishman-Speyer, a big landlord that controls 11,277 apartments in one major Manhattan apartment complex alone, must significantly lower the rents on over 4,000 apartments that it leases at “market... Full Article at Workers World Online
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Many people who need legal advice or documents are reluctant to pay the hourly fees for a lawyer to do the work. Full Article at Associated Content
Related Quotes
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This money was given to every country and no one can wake up one morning and say I looked for this money, I need to be congratulated.
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I have no doubt in my mind that this current low rate of interest that is levied on the SDRs is going to go up
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This Act prescribes that the Minister of Finance is a governor of Zimbabwe's fiscal agent to both the World Bank family and the IMF
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This crisis started one household at a time. As much as everyone wants to talk about derivatives and shadow markets and rating agencies, it started as one lousy mortgage sold to one family, repeated millions of times
– Elizabeth Warren SOURCE: KansasCity.com
