Entries tagged "Schumer"
The current 110th Congress may be a lame-duck session, but rhetoric out of it by key lawmakers is putting Wall Street on notice about what's in store next year. At a Senate Banking, Housing and Urban Affairs Committee hearing Thursday, Sens. Charles Schumer, D-N.Y., and Chris Dodd, D-Conn., delivered some clear warnings to financial firms receiving bailout money....
A battle over whether some activist hedge fund managers will be able to continue to sneak up on certain target corporations is being waged in the courts, the Securities and Exchange Commission and now even on Capitol Hill. ...
