Word: casing
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...case proceeds despite Karadzic's absence...
...worst-case scenario, Dodd wants the SEC and FDIC to continue to have the power to dissolve failed banks, while the Administration would give power over big banks to the Federal Reserve. Dodd will also unveil new rules for over-the-counter-derivatives trading, whereas Frank has put off dealing with derivatives reform until next year...
...three reform packages aim to create a systemic-risk council that can impose emergency measures and unleash extra powers throughout government in case of a future meltdown like the one that almost destroyed the global economy last fall. Dodd differs with the Administration in who should head the council: he wants the President to appoint someone, while the Administration thinks it should be an internal player like the Treasury Secretary...
...commissioners, Chandra Hamzah and Bibit Samad Rianto, were arrested on charges of abuse of authority and taking bribes. Several days later, with public demand growing for an investigation, SBY established a special team of academics, lawyers and a former police official to "verify the facts" surrounding the case...
...With demonstrators taking to the streets in several cities in support of the KPK and demanding transparent handling of the case, the government is facing mounting pressure to resolve a case that grows more complicated with each new revelation. The last major banking scandal, in 1999, dashed the political future of former President B.J. Habibie and culminated with protests in the streets. "By taking so long to get to expose the truth, SBY is putting stability of the country at risk," says Rizky. "Businesses need stability and without it they will rethink any plans they have to invest...