WSJ story confirmed by BBG: ECB SAID TO SUPPORT BONDHOLDER LOSSES IF BANK BEING WOUND DOWN
Germany’s Top Court to Decide on ESM Injunctions on Sept. 12
Spain 10 Year: 6.752%, up 9 bps
Swiss 2 Year: -0.413%
French Borrowing Costs Continue To Collapse
The ECB Is Overhauling Its Approach To Bank Bailouts
Nexus phone allowed to go on sale in U.S.
Blow for Apple as Samsung’s phones outsell iPHone
Injunction still bars Samsung’s iPad rival from sale
Samsung scored a victory against its technology rival Apple this week as a judge ruled that its Nexus smartphone could go on sale in the U.S.
Samsung’s Android smartphones have propelled the Korean company ahead of its American rival in global sales.
The new ruling lifts a freeze on sales [...]
by David Cochrane
Senator David Norris, with the support of Senators Séan Barrett and Feargal Quinn are to next week propose a new Privacy Bill during Private Members Business in the Seanad. The Bill, which you can read below the fold, proposes to create a new offence for invasion of privacy and appears to attempt to (amongst other things) outlaw the use of a persons image or voice without their permission.
The Bill, [...]
Online news sources such as Twitter and celebrity-focused blogs could put newspapers like The Sun out of business, its editor told a parliamentary committee on Thursday.
Dominic Mohan said that if such sites were able to report scandals that newspapers were forbidden to write about because of privacy injunctions, readers and advertising money could flow from the press to the internet.
Mr Mohan told the privacy and injunctions committee of peers [...]
“Ireland’s SOPA” will be vague and open-ended
Adrian Weckler has a worrying piece on government proposals for blocking legislation in today’s Sunday Business Post (paywalled). I’ve taken the liberty of extracting some of the highlights:
Is Ireland about to introduce a law that will allow music companies to order Internet service providers to block access to websites? I rang up the Minister of State at the department of Enterprise, Jobs and Innovation, Sean Sherlock, to [...]
Wisconsin Governor Scott Walker, his conservative legislative allies, the Republican Party of Wisconsin and county Republican parties across Wisconsin tried everything in their power to thwart the recall election process that could check and balance Walker’s extreme anti-labor, anti-public schools, anti-social services and anti-local democracy agenda.
Frightened by the prospect of losing three or more Republican-held seats, and with them control of the state Senate, the GOP [...]
WICHITA, Kan. (AP) – The Justice Department under President Barack Obama has taken a harder line against anti-abortion activists accused of trying to block access to clinics, suing at least a half-dozen of them under a federal law that lay mostly dormant during the Bush administration.
The law, written to protect people who seek or provide abortions, was revived after Obama took office and in the wake of the 2009 slaying [...]
There are a number of ways that investors who have been defrauded may recover some of their financial losses caused by the fraud, depending on the circumstances.
The Securities and Exchange Commission is authorized by Congress to seek a number of remedies, including civil money penalties and disgorgement, from those who commit fraud. (While the Securities and Exchange Commission is a law enforcement agency, only [...]