Word: disbanded
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...agencies, investment manager, and the country's regulatory agencies, including the Federal Reserve and the Treasury. In a backhanded compliment, Markopolos said the SEC is a "bad regulator, but the best of a very sorry lot," though at one point he also suggested that it might be better to disband it or merge it with another agency. The bigger fix, he said, was to create one "super regulatory agency" and one national banking regulator, thereby filling regulatory gaps and duplication. Robert Chew is a former investor with Madoff via a feeder fund. He lives in Colorado...
...some Evangelical) prefer their ministers seminary trained. But the starting salary for debt-burdened seminary grads now runs to $35,000 a year. That can break a poor and aging congregation, says Elizabeth Rickert Dowdy, pastor of the Tar Wallet Baptist Church in Cumberland, Va., who recently helped disband her other church: "When you have a congregation that's historically been able to survive at 20 members and loses 12, they close." And for the first time in American history, the majority of seminarians don't come from rural areas. Shannon Jung, a rural-church expert in Kansas City...
Alfred Nobel, the inventor of dynamite, was sure his creation would help bring about the end of war. "When two armies of equal strength can annihilate each other in an instant," he once wrote, "then all civilized nations will retreat and disband their troops." Things didn't quite go according to plan. What has worked out, however, is the annual set of awards, established in 1901, that bear his name. They remain the most prestigious intellectual awards in the world. On Dec. 11, 2009, President Obama will travel to Oslo to accept the 90th Nobel Peace Prize, an honor that...
...militia leader Muqtada al-Sadr stepped back into Iraq's political fray Friday with an offer that (if genuine) Washington would be hard-pressed to refuse: Set a timetable for withdrawal of U.S. troops from Iraq, and the Mahdi Army will begin to disband. "The main reason for the armed resistance is the American military presence," said Sadr emissary Salah al-Ubaidi, who spoke to reporters in Najaf Friday. "If the American military begins to withdrawal, there will be no need for these armed groups...
...overthrow Turkey's government. The indictment, which accuses the group of several terrorist attacks previously attributed to Islamic militants, is the latest clash in the battle between Turkish secularists and the nation's religious-conservative leadership. The arrests coincide with deliberations by Turkey's top court about whether to disband the ruling AK Party for violating Turkey's secular constitution...