Thought Secure, Pooled Pensions Teeter and Fall
Pensions in multiemployer plans were once believed to be extremely reliable, but changing economic circumstances have left vulnerable the pools and the federal insurance plan meant to support them.
View ArticleLopsided Approach to Wall Street Fraud Undermines the Law
The Justice Department never made mortgage origination fraud or investigations of top bank executives a priority after the financial crisis, Ted Kaufman writes in Another View.
View ArticleWith Gridlock Comes Piecemeal Tax Legislation
Renewing the tax package temporarily creates more opportunities for industry groups to lobby Congress, and for legislators to shake down the beneficiaries of the tax breaks for contributions, Victor...
View Article2 Banking Giants Implore U.S. Authorities to Go Easy
BNP Paribas and Credit Suisse, facing the threat of criminal charges, made last-ditch appeals for leniency, according to people briefed on the matter.
View ArticleIt’s Activists, Not Buffett, Who Can Change Corporate America
Warren E. Buffett’s aging strategy has lost step with the times, and now it is effective corporate activists who are shaking up sleepy boardrooms, Anthony Scaramucci writes in Another View.
View ArticleThe Dubious Campaigns to Fight Overregulation
Congress is seeking to create an independent commission to repeal outdated rules, but the move would probably just lead to overlapping reform efforts and may prove to be unconstitutional, David Zaring...
View ArticleHow Obama Can Increase Taxes on Carried Interest
The White House has the legal authority to change the carried interest tax treatment of fund managers without consulting Congress, Victor Fleischer writes in the Standard Deduction column.
View ArticleNeil Barofsky, Old Foe of Bank Bailouts, Said to Be a Monitor for Credit Suisse
Neil Barofsky was a government gadfly who made a career of needling, and at times pillorying, Wall Street and Washington over the 2008 bank bailouts.
View ArticleThe Fleeting Benefits of Overseas Corporate Marriages
As more companies seek to relocate by mergers -- so-called inversions -- it is more likely the law will change, Robert Cyran of Reuters Breakingviews writes.
View ArticleTreasury Urges End to Foreign Tax Flights, but Quick Action Is Unlikely
The Obama administration and Congress appear unlikely to take any action to stem the tide of such deals anytime soon.
View ArticleThe Difficulty in Holding Executives Accountable
A Senate bill aims to hold executives responsible for failing to report dangerous product defects, but hurdles to a prosecution remain, Peter J. Henning writes in the White Collar Watch column.
View ArticleObama Administration Presses for Retroactive Legislation on Tax Inversions
The Treasury Department's assistant secretary for tax policy makes the case that any laws targeting inversions should be retroactive to May 2014.
View ArticleNew Legislation Targets Inversions From Different Angle
The bill, called the No Federal Contracts for Corporate Deserters Act, would withhold government contracts from companies that seek tax relief by moving overseas.
View ArticleProposed Rules Expose Rifts Among Bitcoin Enthusiasts
Bitcoin supporters have had a mixed reaction on whether New York's planned rules will help legitimize the virtual currency or thwart innovation.
View ArticleFederal Reserve and F.D.I.C. Fault Big Banks’‘Living Wills’
The Federal Reserve and the F.D.I.C. criticized plans that big banks had prepared for winding themselves down in a controlled fashion.
View ArticleBitcoin Foundation Seeks More Time to Address Virtual Currency Rules
The foundation said in a letter to New York's top financial regulator that "the Bitcoin community is not well-versed in New York financial services law."
View ArticleHow Obama Can Stop Corporate Expatriations, for Now
The Treasury Department has tools at its disposal to reduce the incentives for companies to give up United States citizenship, Victor Fleischer writes in the Standard Deduction column.
View ArticleCourt Challenge to New Inversion Rules Would Face Long Odds
As the government considers new regulations to curb inversions, a review of Tax Court cases shows the rules would most likely withstand any legal challenge, Victor Fleischer writes in the Standard...
View Article2 Senators Introduce New Anti-Inversion Bill
Charles Schumer of New York and Richard Durbin of Illinois have introduced a bill that would ban companies that have reincorporated overseas from using several popular tax avoidance techniques.
View ArticleCities Compete to Be the Arena for Global Legal Disputes
Municipalities around the world are working to attract bickering parties as part of an effort to become an international hub for arbitration proceedings.
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