Daily Archives: June 8, 2009, 5:22 pm

Report: Obama Administration Shelves Merger of SEC and CFTC

The Obama administration has reportedly decided to keep the SEC and the CFTC as separate agencies, shelving a plan to combine the two that has been debated for months. CNNMoney reports that combining them could have created a power struggle between their congressional overseers, pitting farm state lawmakers who speak the language of pork bellies and corn bushels against East…

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Steven Engel Joins Dechert in Washington, D.C.

Steven Engel has joined Dechert as a partner in its Washington, D.C. office.  The firm announced today that Engel has joined its white collar and securities litigation group. Engel most recently served as Deputy Assistant Attorney General with the DOJ’s Office of Legal Counsel in Washington, D.C. Engel also previously served as a law clerk to Associate Justice Anthony M.…

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PBS Video: “Black Money”–Bribes to Win International Business

This PBS FRONTLINE video entitled “Black Money” appears to have been out since April 7, 2009, but we just came across it. In the video, FRONTLINE correspondent Lowell Bergman investigates this shadowy side of international business, shedding light on multinational companies that have routinely made secret payments — often referred to as “black money” — to win billions in business.…

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