Search Results for: federal reserve

The Supreme Court Monday granted certiorari to a case raising the question of when plaintiffs can sue in federal court, as opposed to state court. The question has lately sparked an important political debate, as plaintiffs often prefer to...

A national conference on constitutional change meets Monday in Nigeria to review and propose amendments to the nation's 45-year-old constitution . Nigerian President Olusegun Obasanjo has traditionally opposed a reform movement, but agreed to the constitutional...

UN Secretary-General Kofi Annan has formally suspended Benon Sevan , the head of the UN oil-for-food program , and Joseph Stephanides, a senior official who dealt with contracts. The suspensions come after an...

UN Secretary General Kofi Annan says he expects to see "harsh judgments" of the UN in an interim report to be released Thursday on the purported mismanagement of the $64 billion Oil-for-Food program. Annan set up a...

An internal probe of the scandal-ridden UN Oil-for-Food Program has concluded that although the program was plagued by mismanagement, especially in the handling of contracts, there was no evidence of corruption on the part of UN officials. The probe...

In Wednesday's corporations and securities law news, the SEC is investigating Analog Devices Inc. over stock option awards given to officers and directors over the past five years. The Boston Business Journal has more.In other news, the SEC has...

Peter Friedman, Case Western Reserve University School of Law:"It should come as no great surprise that the Red Cross has reported that the U.S. used psychological and physical coercion "tantamount to torture" on Guantanamo Bay detainees and that doctors and...

Peter Henning, Wayne State University School:"The Subcommittee on Financial Management, the Budget, and International Security of the Senate Governmental Affairs Committee will be holding a hearing today (Nov. 16) on the state of the insurance industry in light of the...

In Thursday's corporations and securities law news, PeopleSoft executives have unanimously recommended its shareholders reject Oracle's $8.8 billion hostile takeover bid because the offer was too low. Oracle, upon learning of the news, said it was prepared to walk...