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How I Intraday Trade Stocks to Make a Living
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Breaking News Alert The New York Times Sat, December 18, 2010 -- 3:30 PM ET ----- By a Vote of 65 to 31, Senate Votes to Repeal 'Don't Ask, Don't Tell' The Senate on Saturday voted to repeal the Pentagon's ban on
gay men and lesbians serving openly in the military. By a
vote of 65 to 31 and following House approval, the Senate
sent the bill to President Obama, who had campaigned on
ending the policy known as "don't ask, don't tell," which
allows gay members of the armed forces to serve only if they
keep their sexual orientation a secret. More than 12,500 service members have been discharged since
the policy was mandated by Congress in 1993. A Pentagon
report released on Nov. 30 concluded that allowing gays to
serve openly in the armed forces presents a low risk to the
military's effectiveness, even at a time of war, and that 70
percent of service members believe that the impact of
repealing the law would be either positive, mixed or of no
consequence at all. Read More:
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Breaking News Alert The New York Times Sat, December 18, 2010 -- 11:51 AM ET ----- Senate, Voting 63-33, Paves Way for Repeal of 'Don't Ask, Don't Tell' The measure would end the policy that allows gays to serve in
the military only if they keep their sexual orientation
quiet. The House had previously approved the measure, 250 to
175. More than 12,500 service members have been discharged since
the policy was mandated by Congress in 1993. A Pentagon
report released on Nov. 30 concluded that allowing gays to
serve openly in the armed forces presents a low risk to the
military's effectiveness, even at a time of war, and that 70
percent of service members believe that the impact of
repealing the law would be either positive, mixed or of no
consequence at all. Read More:
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Breaking News Alert The New York Times Sat, December 18, 2010 -- 11:32 AM ET ----- Dream Act Bill for Illegal Immigrant Students Fails on Senate Vote, 55-41 The Dream Act, a bill to grant legal status to hundreds of
thousands of illegal immigrant students, fell 5 votes short
of being brought to the Senate floor for debate. Read More:
http://www.nytimes.com?emc=na
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Breaking News Alert The New York Times Fri, December 17, 2010 -- 10:42 AM ET ----- Lawyers Reach Deal to Recover $7 Billion for Madoff Victims Federal prosecutors and the trustee liquidating the estate of
Bernard L. Madoff, the convicted swindler, have reached a
civil settlement that will recover at least $7 billion to
compensate victims of Mr. Madoff's global Ponzi scheme,
according to people briefed on the negotiations. An
announcement is expected at noon Eastern time. Prosecutors
have said privately that the settlement is the largest civil
forfeiture in American history. The settlement will conclude the trustee's case against the
estate of Jeffry M. Picower, a Palm Beach philanthropist and
longtime Madoff investor who died in October 2009. The
complaint filed against the estate indicated that Mr.
Picower, who became wealthy investing in medical-technology
companies, had profited hugely from Mr. Madoff's scheme,
drawing out billions more than he paid in. The settlement will greatly expand the funds available to
repay victims of the fraud; before Friday, the trustee had
collected $2.3 billion from other sources. Read More:
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Approval of proposal by Caja de Ahorros de Valencia http://www.federalreserve.gov/newsevents/press/orders/20101217a.htm Released by the Board of Governors of the Federal Reserve System Schedule of upcoming postings to the Board's website
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Breaking News Alert The New York Times Fri, December 17, 2010 -- 12:01 AM ET ----- Congress Approves Tax Cut and Jobless Benefits Legislation WASHINGTON -- Congress late Thursday night approved an $801
billion package of tax cuts and $57 billion for extended
unemployment insurance. The vote sealed the first major deal
between President Obama and Congressional Republicans as
Democrats put aside their objections and bowed to the
realignment of power brought about by their crushing election
losses. The bipartisan support for tax deal also underscored the
urgency felt by the administration and by lawmakers in both
parties to prop up the still-struggling economy and to
prevent an across-the-board tax increased that was set to
occur if the rates enacted under President George W. Bush had
expired, as scheduled, at the end of the month. Read More:
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Board issues enforcement action http://www.federalreserve.gov/newsevents/press/enforcement/20101216a.htm Released by the Board of Governors of the Federal Reserve System Schedule of upcoming postings to the Board's website
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Breaking News Alert The New York Times Thu, December 16, 2010 -- 8:30 AM ET ----- Rejecting Appeal, Judge Orders WikiLeaks Founder Ordered Freed on Bail A London court on Thursday ordered that Julian Assange, the
founder of the anti-secrecy group WikiLeaks, be released on
bail while he fights extradition to Sweden for questioning in
connection with accusations that he broke rape and other
laws. The High Court decision reversed a ruling two days ago to
deny bail. The terms Thursday included strict conditions on
where he may live until another hearing on Jan. 11. Read More:
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Breaking News Alert The New York Times Thu, December 16, 2010 -- 6:00 AM ET ----- Afghan Report Sees Troop Withdrawal on Schedule for July A review of President Obama's strategy for the war in
Afghanistan concludes that American forces can begin
withdrawing on schedule in July, despite finding uneven signs
of progress, according to a summary made public Thursday. The summary said the United States continues to kill leaders
of Al Qaeda and diminish its capacity to launch terrorist
attacks from the region. It cited some signs that the United
States and its allies have halted or reversed inroads by the
Taliban in Afghanistan and strengthened the ability of Afghan
forces to secure their country, but acknowledged that the
gains are fragile and could be easily undone. Read More:
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Breaking News Alert The New York Times Wed, December 15, 2010 -- 9:08 PM ET ----- U.S. Tries to Build Case for Conspiracy by WikiLeaks Founder Federal prosecutors, seeking to build a case against the
WikiLeaks leader Julian Assange for his role in a huge
dissemination of classified government documents, are looking
for evidence of any collusion in his early contacts with an
Army intelligence analyst suspected of leaking the
information. Justice Department officials are trying to find out whether
Mr. Assange encouraged or even helped the analyst, Pfc.
Bradley Manning, to extract classified military and State
Department files from a government computer system. If he did
so, they believe they could charge him as a conspirator in
the leak, not just as a passive recipient of the documents
who then published them. Read More:
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Agencies seek comment on market risk and Basel II advanced approaches http://www.federalreserve.gov/newsevents/press/bcreg/20101215b.htm Released by the Board of Governors of the Federal Reserve System Schedule of upcoming postings to the Board's website
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