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Threat Of Right-Wing Extremism In U.S. Debated By Feds, Analysts

Marcus Baram | September 27, 2011 | Politics
NEW YORK -- The bombing and shooting spree in Norway on Friday has raised questions about whether federal law enforcement agencies in the United States are devoting enough resources and attention to the threat posed by right-wing extremists here. On the alert for such threats posed by white...

Threat Of Right-Wing Extremism In U.S. Debated By Feds, Analysts

Marcus Baram | September 27, 2011 | Politics
NEW YORK -- The bombing and shooting spree in Norway on Friday has raised questions about whether federal law enforcement agencies in the United States are devoting enough resources and attention to the threat posed by right-wing extremists here. On the alert for such threats posed by white...

Legendary Knights Templar Cited In Violence In Norway, Mexico

Marcus Baram | September 25, 2011 | World
From Dan Brown's bestselling novels to video games to "Monty Python and the Holy Grail" to Wagner's Parzival opera, the Knights Templar have inspired popular culture for centuries. The supposed bravery and purity of the medieval knights who protected Christian pilgrims in the Holy Land have provided plenty of fodder...

EPA Drops Tough New Lead Paint Rule In Face Of Industry Opposition

Marcus Baram | September 17, 2011 | Healthy Living
If you're not a regular reader of Professional Door Dealer magazine, you may have been unaware of the lobbying battle over a proposal to toughen lead paint rules in schools, day care facilities and homes. The Environmental Protection Agency dropped on Friday an effort to add more testing...

EPA Drops Tough New Lead Paint Rule In Face Of Industry Opposition

Marcus Baram | September 17, 2011 | Healthy Living
If you're not a regular reader of Professional Door Dealer magazine, you may have been unaware of the lobbying battle over a proposal to toughen lead paint rules in schools, day care facilities and homes. The Environmental Protection Agency dropped on Friday an effort to add more testing...

While Prosecutors Nail Banks Over Offshore Tax Abuses, Lobbyists Push To Delay New IRS Rules

Marcus Baram | September 14, 2011 | Business
Today's news that Credit Suisse is being probed by the Department of Justice as part of a wider probe into foreign banks suspected of aiding tax evasion is the latest sign of a government crackdown on the illegal practice. In February, four current and former Credit Suisse bankers were charged...

FAA Launches New Plan To Keep Air Traffic Controllers From Sleeping On The Job

Marcus Baram | September 13, 2011 | Business
After several well-publicized reports of air traffic controllers falling asleep in recent months, the Federal Aviation Administration and the controllers union began discussing new fatigue regulations. In one of the cases, a medical flight carrying a patient had to delay its landing at the airport in Reno, Nevada...

FAA Launches New Plan To Keep Air Traffic Controllers From Sleeping On The Job

Marcus Baram | September 13, 2011 | Business
After several well-publicized reports of air traffic controllers falling asleep in recent months, the Federal Aviation Administration and the controllers union began discussing new fatigue regulations. In one of the cases, a medical flight carrying a patient had to delay its landing at the airport in Reno, Nevada...

GAO Report On Proprietary Trading Slammed By Senate Democrats As 'Misleading'

Marcus Baram | September 12, 2011 | Business
A new government report on banks' controversial practice of trading and investing for their own profit was condemned Wednesday by congressional Democrats who called the practice "woefully incomplete" and "misleading," adding that it failed to reckon with the risks to the broader financial system. The Volcker Rule, which...

GAO Report On Proprietary Trading Slammed By Senate Democrats As 'Misleading'

Marcus Baram | September 12, 2011 | Business
A new government report on banks' controversial practice of trading and investing for their own profit was condemned Wednesday by congressional Democrats who called the practice "woefully incomplete" and "misleading," adding that it failed to reckon with the risks to the broader financial system. The Volcker Rule, which...

Safety Concerns Raised Over Deal To Allow Mexican Trucks On U.S. Highways

Marcus Baram | September 12, 2011 | World
Under an agreement quietly signed in Mexico City today, Mexican trucks will be able to transport goods on U.S. highways in return for Mexico's decision to lift tariffs on U.S. goods. Business groups were elated, anticipating a boost in trade and a lift to the economy. Amid...

House Committee Wants To Drop Proposal To Expand Offshore Drilling Oversight

Marcus Baram | September 11, 2011 | Green
House Republicans want to drop one of the key components of the Interior Department's overhaul of the troubled agency responsible for oversight of offshore drilling -- expanding the enforcement of regulations to contractors. Though BP and rig owner Transocean have been largely blamed for last year's Deepwater Horizon disaster, contractor...

'The Watchdog': Self-Regulation Of Hedge Funds May Not Be Effective, Says GAO

Marcus Baram | September 10, 2011 | Business
Allowing the hedge fund and private equity fund industry to regulate itself might not be very effective, according to a new Government Accountability Office audit released Monday. Since the Securities and Exchange Commission lacks adequate resources to police the sector, the GAO was tasked under the Dodd-Frank Act...

'The Watchdog': Self-Regulation Of Hedge Funds May Not Be Effective, Says GAO

Marcus Baram | September 10, 2011 | Business
Allowing the hedge fund and private equity fund industry to regulate itself might not be very effective, according to a new Government Accountability Office audit released Monday. Since the Securities and Exchange Commission lacks adequate resources to police the sector, the GAO was tasked under the Dodd-Frank Act...

Veterans Charity Fraud: Despite Widespread Outrage, Groups Continue To Abuse Public Trust

Marcus Baram | August 29, 2011 | Politics
For hundreds of thousands of veterans returning home from the battlefronts in Iraq and Afghanistan, making it home alive is just the first challenge. An estimated 25 percent of returning U.S. service members will experience combat-related problems such as post-traumatic stress disorder (PTSD), traumatic brain injury (TBI), depression or anxiety...

Veterans Charity Fraud: Despite Widespread Outrage, Groups Continue To Abuse Public Trust

Marcus Baram | August 29, 2011 | Politics
For hundreds of thousands of veterans returning home from the battlefronts in Iraq and Afghanistan, making it home alive is just the first challenge. An estimated 25 percent of returning U.S. service members will experience combat-related problems such as post-traumatic stress disorder (PTSD), traumatic brain injury (TBI), depression or anxiety...

SEC's Request For Budget Increase Denied Despite Expanded Duties

Marcus Baram | August 24, 2011 | Business
The Securities and Exchange Commission, which has been given expanded responsibilities as part of financial regulatory reform, lost out in its latest effort to get a budget increase. The House Appropriations Committee voted to keep the agency's budget flat at $1.19 billion, about $222.5 million short of the administration's request....

How Whitey Bulger Evaded The FBI For 16 Years

Marcus Baram | August 23, 2011 | Crime
NEW YORK -- When it comes to the world's most-wanted fugitives, it seems that the public's imagination is always more dramatic than the reality. James "Whitey" Bulger, the 81-year-old Boston gangster allegedly linked to 19 murders, inspired wild rumors about his life on the run and his million-dollar lifestyle with...

How Whitey Bulger Evaded The FBI For 16 Years

Marcus Baram | August 23, 2011 | Crime
NEW YORK -- When it comes to the world's most-wanted fugitives, it seems that the public's imagination is always more dramatic than the reality. James "Whitey" Bulger, the 81-year-old Boston gangster allegedly linked to 19 murders, inspired wild rumors about his life on the run and his million-dollar lifestyle with...

SEC Delays Dodd-Frank Rule, Exempts Small Hedge Funds

Marcus Baram | August 22, 2011 | Business
Another week, another Dodd-Frank proposed rule gets delayed and watered down. The Securities and Exchange Commission approved on Wednesday new rules for hedge funds and private investment advisers that manage more than $150 million in assets to register with the SEC and disclose information about their operations. ...
All posts from 07.28.2011