Diplomats of the member states of the United Nations have gathered in New York at the organization’s headquarters tasked to hash out an Arms Trade Treaty (ATT). The potential ATT would set standards for the global conventional arms trade, a $70 billion industry. It recognizes that arms trade is a lawful business with friendly partners, […]
Following the lead of Europe’s approach to their financial industry reforms, the Obama Administration in coming weeks is poised to take a more aggressive stance with the financial industry. In response to the proposed measures, Edward Yingling, President & CEO of the American Bankers Association (ABA), the banking sectors powerful industry lobby, said “It is perplexing to us,” why taxpayers are outraged about the bailouts and other financial indsutry behaviors.