The Securities and Exchange Commission doesn’t just enforce the rules that govern Wall Street. When asked, it often grants individual companies exemptions from the rules. But companies that win those special breaks often fail to comply with the conditions that come with them, the SEC’s inspector general said in a report released Thursday.
What’s more, the agency has no formalized process for monitoring whether companies live up to their end of the bargain, the report said. Though the agency routinely inspects financial firms, “only in rare cases” did the examiners focus on that question, the report said.
The United States Internal Revenue Service is gearing up for a widespread campaign to identify federal income tax scofflaws living outside the United States. Tens of thousands of them are estimated to be living in Israel.
A new report issued by Brown University says the cost of America’s wars in Iraq and Afghanistan - and operations in Pakistan - will cost the country nearly $4 trillion. The report's total is more than three times higher than U.S. President Barack Obama’s estimate in a recent speech.
A federal appeals court Wednesday upheld the government's new requirement that most Americans buy health insurance, in the first decision by a U.S. appeals court on the centerpiece of the Obama-sponsored health-care overhaul.
Osama bin Laden was out of touch with the younger generation of al Qaida commanders, and they often didn't follow his advice during the years he was in hiding in northern Pakistan, U.S. and Pakistani officials now say.
Admittedly, Salk's vaccine logged early success; some 60-70 percent of those vaccinated did not develop the disease. But it also saw some early problems. About 200 people who had been vaccinated got the disease, and 11 of them died, forcing a halt to all testing. Once it was determined that a faulty, poorly manufactured batch of the vaccine was the cause of those cases, stricter production standards were implemented and full-scale vaccinations nationwide resumed once more. Four million vaccines were given by 1955; by 1959, 90 countries were using it.
Remember when Department of Homeland Security (DHS) Secretary Janet Napolitano claimed back in 2010 that the US Transportation Security Administration's (TSA) naked body scanners had been proven safe by research conducted by the National Institute of Standards and Technology (NIST) (http://epic.org/privacy/backscatter...)? A Freedom of Information Act (FOIA) request recently brought to light internal emails that were sent by NIST to DHS that basically decry Napolitano's false assertion that NIST had verified the safety of the naked body scanners.
When commercial nuclear power was getting its start in the 1960s and 1970s, industry and regulators stated unequivocally that reactors were designed only to operate for 40 years. Now they tell another story - insisting that the units were built with no inherent life span, and can run for up to a century, an Associated Press investigation shows.
