The Federal Reserve Board must disclose documents identifying financial firms that might have collapsed without the largest U.S. government bailout ever, a federal appeals court said. The U.S. Court of Appeals in Manhattan ruled today that the Fed must release records of the unprecedented $2 trillion U.S. loan program launched primarily after the 2008 collapse of Lehman Brothers Holdings Inc. The ruling upholds a decision of a lower-court judge, who in August ordered that the information be released.
The Large Hadron Collider has achieved a record for the highest energy yet achieved in a particle accelerator after successfully circulating two 3.5 TeV proton beams at just after 5.20am this morning.
The Motion Picture Country House was set up six decades ago with donations from stars of the big screen to look after elderly actors and unsung industry heroes including soundmen, lighting technicians and grips.
The trouble started when Raj Patel appeared on American TV to plug his latest book, an analysis of the financial crisis called The Value of Nothing.
Regulators on Friday shut down seven banks in five states, bringing to 37 the number of bank failures in the U.S. so far this year. The closings follow the 140 that succumbed in 2009 to mounting loan defaults and the recession. The Federal Deposit Insurance Corp. took over First Lowndes Bank, in Fort Deposit, Ala.; Appalachian Community Bank in Ellijay, Ga.; Bank of Hiawassee, in Hiawassee, Ga.; and Century Security Bank in Duluth, Ga.
This document was clearly intended as a rebuttal to the annual US State Department Country Reports on Human Rights Practices for 2009, released two days earlier.
I cannot speak for the situation elsewhere, but in the US, I doubt if there is a another definable group that equals or surpasses Jews in their achievements in so many different fields, their support for civil liberties and civil rights, and their philanthropy or general support of charitable causes.
Hundreds of Cuban government supporters have heckled members of the "Ladies in White" rights group marching in protest through the streets of Havana. The women - wives and mothers of jailed dissidents - are staging a week of protests on the anniversary of Fidel Castro's 2003 Black Spring crackdown.
A leprechaun bank robber and his getaway driver were killed in a shootout with police after a St Patrick’s Day raid in Tennessee.
The biggest swindler in the history of Wall Street has reportedly been beaten up in prison by a drug dealer with a black belt in judo in a dispute over money.
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