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WASHINGTON - Beijing’s reluctance to adopt a flexible exchange-rate regime is widely considered unfair and puts China at growing risk of a protectionist trade backlash, United States Treasury Secretary Henry Paulson warned on Thursday.

NEW YORK - Stocks fell for a second straight day on Thursday, led by declines in the Nasdaq after tech bellwether Cisco Systems Inc signaled the credit crisis was hurting demand from key customers, including banks.

NEW YORK - Stocks fell for a second straight day on Thursday, led by declines in the Nasdaq after tech bellwether Cisco Systems Inc signaled the credit crisis was hurting demand from key customers, including banks.

WASHINGTON - New York Attorney General Andrew Cuomo was wrong to file subpoenas against Fannie Mae and Freddie Mac without consulting their regulator and may have overreached his authority, the regulator wrote in a letter on Thursday.

WASHINGTON - Federal Reserve Chairman Ben Bernanke told lawmakers on Thursday the United States economy did not appear headed for recession, but warned growth could prove weaker than expected and inflation higher.

LOS ANGELES - Walt Disney Co reported on Thursday a 12 percent rise in quarterly profit, driven by its television networks and United States theme parks, but revenue slightly missed Wall Street’s target.

NEW YORK - When John Mack returned to take the helm at Morgan Stanley in 2005, he pushed a risk-averse investment bank to close the gap on rivals by making bolder bets in the markets and expanding its presence in mortgages.

I’m not going to rewrite the HR 3915 bibles that have
already been written. This article will simply collate the most valuable
info available on the bill at this time and of course you will get
my opinion after I give you the facts.

Now that’s out of the way, how about a FRANK
discussion (pun intended)?

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