12-04-2024, 02:49 AM
Jhve New student loan repayment plans could cut monthly payments for 20 million borrowers
Washington mdash; President Trump is expected to nominate Judge Amy Coney Barrett to replace the late Justice Ruth Bader Ginsburg on the U.S. Supreme Court, CBS News has confirmed, according to multiple sources involved in or familiar with the selection process.It s possible Mr. Trump could change his mind, but at this point stanley taza , Barrett is expected to be announced as the president s choice Saturday afternoon at the White House.The president, asked by reporters at Joint Base Andrews Friday evening whether he has made a decision on a nominee, replied, In my own mind, yes. Though he would not confirm that Barrett is his pick, he did call her outstanding. Mr. Trump said this week that he had five top contenders, but he is only known to have met with Barrett, and he saw her twice in the week since Ginsburg died, on Monday and on Tuesday.The White House has begun reaching out to Republican Senate offices to schedule meetings with the Supreme Court nominee to take place next week, starting Wednesday morning, according t stanley quencher o two sources familiar with the planning. The Senate will be out Monday and Tuesday for Yom Kippur. She has been a leading candidate and was a finalist to be Mr. Trump s second Supreme Court pick in 2018. Barrett met with the president at the White House on Monday. CNN first reported that the president intends to announce Barrett as his pick.The W stanley flasche hite House press office declined to comment Friday.If confirmed, Barrett, w Bmet Senate hearing proceeds without anticipated testimony from Paul Manafort, Donald Trump Jr.
ROGUE TRADING....We learned today that Jerome Kerviel, a rogue trader at Societe Generale, was responsible for $7.2 billion in recent trading losses, the largest in banking history. So how d he do it His approach was to stanley cup balance each real trade with a fictitious one, and his intimate and perverse knowledge of the bank s controls allowed him to avoid detection, co-Chief Executive Officer Philippe Citerne told reporters. He rolled over his real trades before they reached maturity.By the end of December, he was massively in the money, said [Philippe Collas, the head of a stanley cup website sset management at the bank]. Since the beginning of the year his trades became unprofitable.The trades first came to management s attention on the evening of Jan. 18, when a compliance officer found a trade that exceeded the bank s limits, Mustier said. Whe stanley mugs n Societe Generale called the counterparty, they were told the trade didn t exist.Naturally, my first question is how Kerviel managed to do this. How did he construct all these fake trades And shouldn t the sheer volume of trades triggered alarms, regardless of whether they were balanced with other trades I suppose eventually someone will tell the whole story and we ll learn what happened. But my second question is this: what if Kerviel s friskiness had been discovered at the end of December, when he was massively in the money, instead of two weeks later Would we ever have found out about this Or would Societe Generale have announced massive fo
Washington mdash; President Trump is expected to nominate Judge Amy Coney Barrett to replace the late Justice Ruth Bader Ginsburg on the U.S. Supreme Court, CBS News has confirmed, according to multiple sources involved in or familiar with the selection process.It s possible Mr. Trump could change his mind, but at this point stanley taza , Barrett is expected to be announced as the president s choice Saturday afternoon at the White House.The president, asked by reporters at Joint Base Andrews Friday evening whether he has made a decision on a nominee, replied, In my own mind, yes. Though he would not confirm that Barrett is his pick, he did call her outstanding. Mr. Trump said this week that he had five top contenders, but he is only known to have met with Barrett, and he saw her twice in the week since Ginsburg died, on Monday and on Tuesday.The White House has begun reaching out to Republican Senate offices to schedule meetings with the Supreme Court nominee to take place next week, starting Wednesday morning, according t stanley quencher o two sources familiar with the planning. The Senate will be out Monday and Tuesday for Yom Kippur. She has been a leading candidate and was a finalist to be Mr. Trump s second Supreme Court pick in 2018. Barrett met with the president at the White House on Monday. CNN first reported that the president intends to announce Barrett as his pick.The W stanley flasche hite House press office declined to comment Friday.If confirmed, Barrett, w Bmet Senate hearing proceeds without anticipated testimony from Paul Manafort, Donald Trump Jr.
ROGUE TRADING....We learned today that Jerome Kerviel, a rogue trader at Societe Generale, was responsible for $7.2 billion in recent trading losses, the largest in banking history. So how d he do it His approach was to stanley cup balance each real trade with a fictitious one, and his intimate and perverse knowledge of the bank s controls allowed him to avoid detection, co-Chief Executive Officer Philippe Citerne told reporters. He rolled over his real trades before they reached maturity.By the end of December, he was massively in the money, said [Philippe Collas, the head of a stanley cup website sset management at the bank]. Since the beginning of the year his trades became unprofitable.The trades first came to management s attention on the evening of Jan. 18, when a compliance officer found a trade that exceeded the bank s limits, Mustier said. Whe stanley mugs n Societe Generale called the counterparty, they were told the trade didn t exist.Naturally, my first question is how Kerviel managed to do this. How did he construct all these fake trades And shouldn t the sheer volume of trades triggered alarms, regardless of whether they were balanced with other trades I suppose eventually someone will tell the whole story and we ll learn what happened. But my second question is this: what if Kerviel s friskiness had been discovered at the end of December, when he was massively in the money, instead of two weeks later Would we ever have found out about this Or would Societe Generale have announced massive fo