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Today's case demonstrates that the corrupt practices first laid bare in the Marsh suit are present in additional sectors of the industry, ... Secret payoffs and conflicts of interest that infected the market for property and casualty insurance have taken root in the employee benefits market as well.
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Virtually everywhere in the world, people still wake up and want their country to be more like the United States than any other nation. We are the envy of the world because of what we stand for and how our democratic process, flawed as it may often seem to be, operates. We should take pride in that.
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Any doctor keeps a list of possible remedies available.
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I stand before you today because this vision of government as the engine of opportunity is what I believe in.
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To every New Yorker - and to all those who believed in what I tried to stand for - I sincerely apologize.
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Imagine if investors in Wal-Mart really cared about bribery at that company's overseas operations or safety standards at its overseas manufacturing plants. If investors pulled their capital, corporate leaders would have to respond.
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I have long said there are three distinct groups under the GOP's tent: theological warriors, who want to impose their social views on the rest of society; Tea Party zealots, who say with a straight face that they want the government to get out of their Medicare; and remnants of the pro-business moderates.
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They acknowledged the problem of market timing, but then allowed a favored client to engage in that harmful practice. The departure of these board members should sound an alarm for all those who serve in similar capacities.
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Imagine if the pension funds and endowments that own much of the equity in our financial services companies demanded that those companies revisit the way mortgages were marketed to those without adequate skills to understand the products they were being sold. Management would have to change the way things were done.
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The only delay, ... is that when you are dealing with 50 states, 12 investment banks, a significant number of regulatory entities, simply getting sign-offs, drafting agreements on stray words takes a bit of time.
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He believes what he says, and that's what is important. People have gotten into trouble because they were intentionally misstating what they knew.
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Let's create a regime that makes sale of bullets to anybody not licensed to carry a gun illegal, makes resale illegal, micro-stamps bullets so they can be traced. No Second Amendment issues here. This would have a remarkable impact on both violence and the capacity to solve shooting crimes.
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The CEO was personally bought off by being given IPO allocations, ... Small investors were left holding the bag.
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Why does it have to be politics? Is there a dynamism to that world and a theoretical capacity to do things that draws many talented people? Absolutely. Are there other ways to be involved and lead an interesting life? Of course.
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Shareholders have the right and obligation to set the parameters of corporate behavior within which management pursues profit.
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It's fascinating to me: when it comes to innovation in policy, it all comes from the states, ... It reflects an abject failure of policy (at the national level) in terms of dealing with energy, the environment or the securities industry. And into that void, the states have stepped.
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This agreement sends a message that intrusive and deceptive practices will not be tolerated.
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Somehow the vitality of New York state has been sapped.
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President Obama is doing the right thing by offering young immigrants, most often in this country through no action of their own, a chance to live and work openly, free from the fear of deportation.
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I hope to continue the great tradition that you have created for us in this state of leadership in Albany.
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State law specifically prohibits possession of stun guns and related weapons, ... This agreement will help ensure that the Internet is not used to facilitate illegal activity.
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The Chautauqua Institution is truly a national treasure. It is a place for contemplation and a place for reflection, a place where platitudes and slogans can be set aside and be replaced by thoughtfulness and introspection.
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Facts matter. Science matters. Reason matters. Mitt Romney has shown an inability to respect any of the three. President Barack Obama not only respects them, he relies on them. He is an overwhelming and unquestioned choice to continue as president.
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Health care reform, the marquee legislative accomplishment of the Obama administration's first term, was passed before we entered the world of divided government.