Word: backers
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...clean victory. Moderate Democrats and those with major banks with big presences in their states are receiving particular attention from the banking lobby. These include Tom Carper of Delaware and Tim Johnson of South Dakota: Johnson voted against Dodd's bill in committee and Carper is a longtime bank backer...
...that can depend on who your backer is. Back in 2006, I reviewed This Film Is Not Yet Rated, Kirby Dick's polemical documentary about the MPAA board, which charged that the ratings system had a bias toward films from the big studios and against indie movies. I wrote: "Dick takes a deposition from Matt Stone, who created South Park with Trey Parker. Stone says that when their indie comedy Orgazmo was slapped with an NC-17, they were given no hints in cutting the film to get a less proscriptive rating. Yet two years later, when Paramount was behind...
...first to suggest that Europe take in Guantanamo prisoners as a practical way to help close the hated symbol of what many Europeans see as America's post-9/11 moral failure. And little Portugal, home to just 10 million people, remains the idea's most vocal backer...
...backed by deposits. But in 2004, the Securities and Exchange Commission (SEC) removed rules that capped leverage at 15 to 1 for investment-banking firms like Goldman Sachs. That allowed the firms to vastly expand their lending activities without raising a single new dollar of capital. One big backer of the rule change was reportedly former Treasury Secretary Henry Paulson, who was then Goldman's CEO. By that time, the regulatory separation between investment banks and traditional banks had long since been removed, so traditional banks such as Citigroup and Bank of America shifted more and more of their lending...
...research centers. The bill would add $3.5 billion for the National Institutes of Health, which serves as the most significant source of the University’s federal research funding by far. The legislation would also give an additional $3 billion to the National Science Foundation, another key financial backer. The increases are part of a broader $819 billion economic stimulus package passed by the House. The Senate is set to consider a similar version of that legislation next week. Harvard chief lobbyist Kevin Casey said it is likely that the bill will pass “in the near...