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The Fiscal Times
Europe's Car Industry: If Plants Close, Then What? - The Fiscal Times
"Their fear was of an all-out price war," said a source who was briefed about the meeting but declined to be named. "The negative fallout from that would be terrible." The hard truth is that after more than four years of falling demand and profits, ...
Obama Prepares for Financial Crisis Prosecutions - The Fiscal Times
An Obama administration task force established to investigate misconduct that fueled the financial crisis is turning to a little-used statute that may make such cases easier to bring, according to people familiar with the matter.
China Pol's Wife Suspected of Murdering Heywood - The Fiscal Times
"In handling this incident, there have been tensions over whether to take a gentler or tougher approach (toward Bo), whether to go slower or faster," said the editor, who spoke on condition of anonymity citing restrictions on comments to reporters.
Shell Owes Iran $1B for Oil - The Fiscal Times
"Shell is working hard to figure out a way to pay NIOC," said an industry source, who requested anonymity. "It's very sensitive and very difficult. They want to stay on good terms with Iran, while abiding by sanctions." The European Union toughened ...
Dartmouth Prof. Tapped for World Bank - The Fiscal Times
President Barack Obama will nominate Jim Yong Kim, president of Dartmouth College in New Hampshire and former director of the Department of HIV/AIDS at the World Health Organization, a senior administration official said on Friday.
Ally Financial's Challenges - The Fiscal Times
In an effort to put its stalled IPO plans back on track, Ally is currently in talks to sell ResCap to Fortress Investment Group LLC in a process that could involve a bankruptcy filing, people familiar with the matter have said.
Goldman's Pal: Mayor Bloomberg - The Fiscal Times
A person familiar with the matter who declined to be identified said the decision to run the letter was made by Andrew Rosenthal, the editor of the paper's editorial page, and Trish Hall, the op-ed editor. Smith made contact with the newspaper about a ...
DOJ Subpoenas Overlap with SEC - The Fiscal Times
"This is a difficult environment to figure out where this is headed; there are a lot of overlapping cooks in the kitchen," said one source, who declined to be named. "The government just keeps asking for the same kind of information with a different ...
Gingrich Super PAC Gets More Cash - The Fiscal Times
The new contribution, which came in a few days ago, is "substantial" and comparable to previous ones, the source said, although declining to specify the amount. The source spoke on the condition of anonymity to discuss a specific private donation.
Social Media Patent War Looms - The Fiscal Times
Yahoo has asserted claims on patents that include the technical mechanisms in the Facebook's ads, privacy controls, news feed and messaging service, according to a source briefed on the matter. Representatives from the two companies met on Monday and ...
Japan's $10T Debt Worry Can't Be Ignored - The Fiscal Times
The official, like many others interviewed by Reuters, declined to be named because of the sensitivity of the subject and his alarm over Japan's $10 trillion-plus debt overhang has yet to be reflected in public debate or action.
Students Expose China's Nuke Secrets - The Fiscal Times
“I think it's fair to say senior officials here have keyed upon the importance of this work,” said one Pentagon officer who was not authorized to speak on the record. For Karber, provoking such debate means that he and his small army of undergrads have ...
Gingrich: Flameout to Fortune - The Fiscal Times
“This is the core group of people who stood by him during his fall, when he stepped down from the House, went through the divorce, all of that,” said one former business associate, who requested anonymity in order to speak candidly. ...
SuperCom Does Squat, Adds $1.5 Million to Deficit - The Fiscal Times
Since mid-August, six senators and six representatives from both political parties spent a significant portion of their time working on the Super Committee, staffers who did not wish to be identified said. One senator's spokesman indicated the amount ...
D.C. Mayor's Campaign under Federal Scrutiny - The Fiscal Times
Campaign volunteers, who spoke on the condition of anonymity because they fear retaliation, told The Post that the campaign invited Brown to some Gray political events. At one of those events, a fundraiser at the Eatonville restaurant, Brown said Gray ...
Why Romney Is Inevitable - The Fiscal Times
“Anybody who gets caught up in the inevitability thing is making a huge mistake,” said a senior Romney adviser, who spoke on the condition of anonymity to discuss campaign strategy. “In Iowa and New Hampshire, you have to earn it, and the minute you ...
Some Firms Snubbed Loan Guarantees - The Fiscal Times
But one leading venture-capital executive, speaking on the condition of anonymity to protect relationships with the government, said: “OMB would put them through the wringer about the project. It would ask for detailed changes, or ask endless questions ...
Obama to Propose $1.5 Trillion in New Taxes - The Fiscal Times
The president will propose $1.5 trillion in new taxes as part of a plan to find at least $3 trillion in budget savings over a decade, according to a person familiar with the matter. Combined with his call earlier this month for $450 billion in new ...
Obama Likely to Drop Social Security Overhaul Plan - The Fiscal Times
Senior administration officials said this week that Obama had demonstrated his willingness to rein in the nation's debt by making significant compromises during the negotiations with Boehner. The talks with Boehner were held against the backdrop of a ...