House Passes Small Business Tax Cut, Defeats Attempt to Modify Health Law
June 16, 2010 in Daily Tax Report · Leave a Comment
The House voted 247-170 on a largely partisan basis June 15 to pass a small business tax relief bill (H.R. 5486), whose offsets also will be used to pay for…
Australian Hedge Fund That Lost Millions Sues Goldman Sachs over CDO Viability
June 16, 2010 in Alternative Investment Law Report · Leave a Comment
An Australian hedge fund June 9 alleged that Goldman Sachs Group Inc. (GS) made misleading statements and omissions in connection with investments in…
SEC Approves Single-Stock Circuit Breakers, Considers Other Steps to Curb Volatility
June 16, 2010 in Alternative Investment Law Report · Leave a Comment
In an effort to dampen market volatility, the Securities and Exchange Commission June 10 approved rule changes that will require national securities exchanges and…
Obama Calls for Energy, Climate Bill; Says Gulf Oil Spill is Reminder That Country Must ‘Embrace Clean Energy Future’
June 16, 2010 in World Climate Change Report · Leave a Comment
President Obama devoted his first Oval Office speech to the oil spill in the Gulf of Mexico June 15, saying the incident is a reminder “that the time to embrace…
