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United States : Bair Breaks With Obama, Urges Fund to Unwind Firms.
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October 31, 2009
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Byline: babalu03
Federal Deposit Insurance Corp. Chairman Sheila Bair, breaking with the Obama administration, said U.S. financial companies should prepay into a fund the government would use to unwind large failed firms.
Congress should set up a Financial Company Resolution Fund and force institutions with more than $10 billion of assets to pay before a firm collapses, Bair said in testimony prepared for a House Financial Services Committee hearing today. Investors in failed companies also should take losses, she said.
A prefunded FCRF has ...
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Record Prices Paid for Three Old Masters
Newspaper article from: The Washington Post
; ...500 for "The Death of Saint Peter Martyr" by Giovanni Antonio da Pordenone. Also included in the 16 drawings offered for sale were works by Raphael, Sir Anthony van Dyke and Antonio Correggio. The sale had been expected to bring...
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Palma Vecchio.
Magazine article from: Renaissance Quarterly
; ...painter in Venice. During Giovanni Bellini's last period...closely reminds one of Giovanni Cariani, especially...seems to be painted by Pordenone, while the woman dressed...in my opinion, Luca Antonio Busati. The Christ...ascribed by Carlo Volpe to Pordenone, but is very problematic...
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