Word: walles
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...presidential campaign and who hails from a solidly blue state. As chairman of the Senate Banking Committee, Dodd has played a central role in shepherding much of Obama's economic agenda, from the second half of the bank bailout to the coming overhaul of regulations governing Wall Street. With his good friend Ted Kennedy sidelined with brain cancer, Dodd has stepped in to help take a lead role on health-care reform. In fact, at one point earlier this year, before the Inauguration, Dodd was de facto chairman of Kennedy's Health, Education, Labor and Pensions Committee as well...
...block an extension of President George W. Bush's warrantless wiretapping powers over concerns from the left about granting telecom giants retroactive immunity for working with the Administration. Most notably, Dodd, against the wishes of the White House, slipped into the stimulus bill tough limits on compensation for Wall Street firms accepting additional federal bailout money. The restrictions were tougher, and more far reaching, than anything Obama had pushed for, and both White House advisers and the investment-banking community claimed that Dodd's provisions could have the perverse incentive of causing firms that really need help to refuse...
...even many of his former hedge-fund backers aren't particularly happy. As Dodd and House Financial Services Committee chairman Barney Frank work to craft legislation overhauling the nation's banking and securities regulations, Dodd's populist ploys give many on Wall Street pause. "The competition for capital and talent is now global. What we saw when the Senate inserted the executive-compensation restrictions was a cause and effect," Tom Quaadman, who works on financial-sector issues at the U.S. Chamber of Commerce, says, pointing to examples of companies like Deutsche Bank and UBS poaching U.S. talent driven away...
...Senate Banking Committee gave him little street cred in the 2008 primaries, when the big issue was still the war in Iraq. These days his chairmanship reminds voters of Dodd's problems with Countrywide, and fairly or not, it makes him the face of two deeply unpopular bailouts of Wall Street and an only slightly less unpopular stimulus plan. All of which may explain why Dodd is spending so much time on the Health, Education, Labor and Pensions Committee these days. After all, enacting universal health care ahead of the 2010 elections could be the best cure for what ails...
...Landlines in Tibet are all down," says Jigme Worbu, who works as a phone booth operator for the exiled government. "Though sometimes it's possible to get through on mobile phones." On the wall is a list of telephone codes for various Tibetan regions, and four clocks charting the time in India, Tibet, the U.S. and Europe. He says some 20 people drop by to call Tibet from his phone booths every day. Conversation is cryptic at best, with callers avoiding names and any references that might land those in Tibet in trouble with the authorities. "No one's talking...