Recovered funds won’t be adjusted for interest or inflation
A default on Russia’s foreign debt obligations would inflict hundreds of billions in losses on lenders abroad
Regulator will take no further enforcement action against the bank
Proposed US$8 billion deal must still be approved by regulators in Europe
Bono serenades him with tribute song
Bernanke cites concerns about high U.S. unemployment levels, weak economic recovery
Jerry del Missier was appointed only last month
Ten of 27 countries support tax, which would be used to fund future bank bailouts
US$267 billion more to drive long-term rates down
Core inflation tame in February