Fed chief urges caution on hedge fund growth
Federal Reserve Chairman Ben Bernanke told a Sea Island Georgia conference that authorities should monitor hedge funds for risk amid rapid growth from wealthy to smaller investors. He cautioned against heavy direct regulation, unless market discipline fails, and urged focus on counterparty risk management and SEC oversight of fund managers.
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Washington
Federal Reserve
Ben Bernanke
Bernanke
Sea Island
Georgia
Federal Reserve Bank of Atlanta
United States
Bernanke Eid
Securities and Exchange Commission
SEC
Carbonale Program Aims to Build Youth Ownership
The Carbondale council reports a new neighborhood program started in January aims to instill ownership in youth through cleanup work. Councilman Steven Haynes says it could offer long term job opportunities for more than 100 youths, beyond cleaning vacant lots. Ajamu can provide more details at 618 549 5302 ext 208. Jason see thesouthern com 618 529 5454 ext 5138.
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Steven Haynes
John Doe
Haynes
Ajamu
Jason
Thesouthern
Bush Hosts Australian Leader At White House Dinner
President Bush and Australian Prime Minister John Howard shared a five minute toast in the State Dining Room. Bush quoted Reagan and touted strong US Australia ties on trade security and energy. Howard warned against calls for a reduced American role, calling a world without the US unsafe. The event featured pink flowers and antique candelabras as Laura Bush greeted guests.
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Bush
Reagan
America
London
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John Howard
Howard
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U.S. Marine Band
President Bush
Janette Howard
Boeing seeks settlement with Justice Department over ethics probe
Boeing chief executive Jim McNerney said Tuesday the tentative 615 million settlement with the Justice Department is fair and will curb prosecutions after a three year ethics inquiry. He spoke after a St Louis University address and noted new ethics controls with ex judge J Michael Luttig joining the effort. The firm, dogged by alleged use of secret Lockheed documents, remains the second largest U S defense contractor behind Lockheed Martin.
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Boeing Co
Justice Department
Jim McNerney
U.S
Boeing
St. Louis University
McNerney
Fourth US. Circuit Court of Appeals
J. Michael Luttig
Lockheed Martin Corp
Lockheed
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Karen McCarron
Katherine McCarron
McCarron
Tazewell
North Carolina
Icaliente
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Bernardo
West Ice
K.a
Antonio Melanin
Dillard’s
Michelle Nicole
K.a.s
Dillard’s Charge
Visa
MasterCard
American Express
Discover
Carte Blanche
Illinois Centre
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