Bernanke blames regulatory failure for crisis

REGULATORY failure, not low interest rates, was responsible for the housing bubble and subsequent financial crisis of the past decade, US Federal Reserve chairman Ben Bernanke said yesterday. Dr Bernanke's remarks, perhaps his strongest language yet on the roots of the financial crisis, came as he awaited both confirmation for a second term as Fed chairman and greater regulatory authority from Congress. ''Stronger regulation and supervision aimed at problems with underwriting practices and lenders' risk management would have been a more effective and surgical approach to constraining the housing bubble than a general increase in interest rates,'' Dr Bernanke told the American Economic Association. Advertisement: Story continues below Dr Bernanke, responding to accusations that the Fed contributed...

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Sony chief haunted by dark shadow

Chairman, chief executive and president for Sony Corporation of America Howard Stringer. Photo: Reuters In the autumn of his career, Sony's British-born chief executive is beset by rivals and crises Later this year, an army of men in tights will take on the forces of darkness across the world's cinemas screens. And Sir Howard Stringer, Welsh-born boss of media and electronics giant Sony, could really do with the services of a superhero. Beset by a global hacking catastrophe unleashed by unknown forces, he should be calling for the services of Spider-Man, a hero who has pulled Sony out of trouble before. Instead, he's left pinning his hopes on the Smurfs. Hollywood is gearing up for a clash of the titans at the box office. Thor has just opened; X-Men: First Class, Green Lantern and Captain...

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Discount pricing will be available for qualified organizations

Intertainment Media Inc. ("Intertainment" or the "Company") (TSX VENTURE: INT)(OTCBB: ITMTF)(FRANKFURT: I4T) announces that its social media, real time, language translation platform, has entered into an agreement to establish a 50/50 joint venture with Toronto-based, English language learning specialists, Lingo Media Corporation (TSX VENTURE: LM)(OTCBB: LMDCF) ("Lingo Media") to launch the Ortsbo Learning Center, powered by Lingo Media. The Highly Experiential Language Learning Platform (HELLP) will provide users with the ability to learn, initially English, through micro-payment and course tuition-based online interactive language learning.With over 8.6 Million unique monthly users of Ortsbo and over 10 Million minutes of weekly user engagement, the Ortsbo Learning Center, powered by Lingo...

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Egypt Live Report

Lebanon's Hezbollah also used the word, though adding crucially that it was a "historic victory", as car horns blared and fireworks exploded in Beirut. Advertisement: Story continues below 1727 GMT: Turkey's foreign minister has congratulated the Egyptian people on toppling Mubarak and said he hoped a new system would emerge in the wake of the veteran president's departure. "Congratulations to the Egyptian people. And we hope that a system meeting the expectations of the Egyptian people will emerge," Ahmet Davutoglu said in a message on his Twitter page. 1720 GMT: Cyberactivist Wael Ghonim has tweeted "congratulations to Egypt, the criminal has left the palace" in Arabic. "Welcome back Egypt," he added in English on his Twitter page, as celebrations continued in cities around Egypt. Ghonim,...

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Looks great, moves like a steam roller with a flat tyre

While in Paris with his wife-to-be (Rachel McAdams) he finds he can time travel back to the 1920s and mix with artistic greats such as Hemingway, F Scott Fitzgerald, Gertrude Stein, Picasso and Salvador Dali. He, of course, falls for his guide (Marion Cotillard) and starts to doubt his happiness with his present-day betrothed. It passable Woody waffle designed strictly for fans; the great cast, which also includes Michael Sheen, Kathy Bates and Adrien Brody, shine in their too-small roles, with Wilson working his amiable persona for all it worth. A nice time-killer, but far from Woody Allen A-list films, such as Match Point (2005), Bullets Over Broadway (1994) and Vicky Cristina Barcelona (2008). Select. MONEYBALL (133 min) MThe key reason American cinema rules when it comes to sport movies...

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World on a plate

Photo: Jennifer Soo Blame the burek for what follows. The finely layered, stretchypastry pie filled with cheese and spinach is a favourite snack andTasic Hot Burek at Fairfield is a fine exponent of this Balkandelicacy. So one Saturday, we drove out to breakfast on burek andbuttermilk. We feasted and then, literally following our noses,spent the day discovering the culinary delights of downtownFairfield. Cabramatta is predominantly Vietnamese, Eastwood is stronglyKorean and Chinese but this suburb is a fusion recipe. Advertisement: Story continues below In just a few blocks of Fairfield town centre, you can eat yourway around the world. A Latino band plays to a happy audience ofSouth Americans lunching on asado or grilled meat at Martinez BrosDeli Cafe. Iraqis sip and snack at Sunshine Coffee...

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Strong leadership group takes heat off captain

Photo: Paul Rovere AS A leader of a football team as a leader in any groupfor that matter you are always learning and always beingchallenged. The best advice I received after being given thecaptaincy at Essendon for season 06 was from Adam Simpson, thenKangaroos captain, while sitting on a boat on the Yarra Riverbefore the annual AFL captains' day photoshoot. Adam effectively said to me that we had been given our rolesbased on our football ability and character, so nothing shouldchange in terms of the way we prepared and went about our football.Good advice and he was right, but my first season was stilldaunting. You are the face of your club. Your behaviours are seenas reflective of the group. Pressure comes with that. Being put into the role doesn't mean you won't make mistakes right now...

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Sydney reserves seventh spot for popularity

Photo: Bob Pearce Sydney is becoming one of the world's most fashionable cities -but one of the worst if you want to park your car. The latest snapshots of Australia's biggest city came in theresults of two separate studies looking at trends around theglobe. In the style stakes, Sydney leapfrogged five places to seventhspot in the Global Language Monitor's (GLM) top fashion cities while Melbourne dropped three to 18th. Advertisement: Story continues below New York claimed first place for the fifth consecutive yearfollowed by Rome, Paris, Milan, London and Los Angeles. On a regional basis, Sydney was judged best dressed in the AsiaPacific ahead of Tokyo, Hong Kong, Shanghai, Singapore andMelbourne. GLM, which based its findings on how often relevant fashionwords and phrases were used in the...

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ICC clears Harbhajan of monkey business

Controversial Indian spinner Harbhajan Singh has no case to answer after the International Cricket Council cleared him of making monkey gestures towards the SCG crowd on Sunday night. ICC match referee Jeff Crowe said there was no need to take action following newspaper reports the impulsive bowler motioned to scratch his armpits and spat towards taunting spectators. "I have investigated the alleged incident with Cricket Australia's ground security officials after reading newspaper reports and viewing related photographs that have been published," Crowe said in a statement. Advertisement: Story continues below "After reviewing all available information, I conclude that there is no need to take any action against Harbhajan Singh." The Indians touched down at Brisbane airport on Monday with...

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The steel frame was all that survived, so he built around it

The first of nine episodes charts the rebuilding of Chris Clarke Callignee home after it was burnt in the Black Saturday fires, a week after it was completed. Mr Clarke suffered from chronic fatigue syndrome and wanted to build his home with non-toxic materials. Mr Clarke, who runs a design and construction company, also wanted the house to be sustainable so he could live a totally organic life. The original house had three bedrooms but the new is a smaller, one bedroom version. After insurance claims were finalised, Mr Clarke was left with only $400,000 for rebuilding. The steel frame was all that survived, so he built around it. House number two is a less-refined, more rustic hopefully fireproof version. Materials such as glass and bricks were recycled and Mr Clarke used paint and sealers...

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To get a glimpse of the ancient world, visit the Riviera Maya

Mexican Vacations in Riviera MayaMexican Vacations are not exclusive to world-renowned tourist hotbed Cancun and people who love to walk the unbeaten path have found the Riviera Maya more alluring for its unspoiled beauty. Playa del Carmen is the biggest town in the Mayan Riviera but still you can walk to all the attractions it offers guests like shops, fine dining restaurants, and world class accommodations; a beach resort, Playacar, is nearby for those who cant resist the water. Tulum is city that has one of the many archeological sites that showcase a long history of Mayan occupation of Mexico and although not as impressive as the other more prominent finds its location is definitely worth seeing as it was built along a cliff overlooking the beautiful Caribbean water where you can even...

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Leadaership: What's It Like To Work For You?

Professor Sutton says bosses matter. Why? Because "95% of all workers have bosses, are bosses, or both and for more than 75%, dealing with their boss is the most stressful part of their job." So, what would your people say of you? And, what can you do to improve? Here are seven pointers from Professor Sutton. Theyre a bit cynical but have the tang of real-world experience.Taking controlExpress confidence even if you dont feel it. As Andy Grove said "part of it is self-discipline, and part of it is deception. And the deception becomes reality." Belief follows behaviour! In my years of working with leaders, some of the best (particularly in tough situations) have relied on this strategy - and won through.Dont dither. Uncertainty frightens people - and quickly undermines confidence. Suttons advice...

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Studying About People And Community

The Job description Sociology is a vast subject involving many divisions and categories and sociologists can specialize in any area of their choice and competence. For instance some sociologist study the community of cities or rural areas while others focus on the factors affecting the physical and mental health. Sociologists are absorbed by colleges and universities, where they do research and surveys apart from teaching and handling administrative jobs. Qualification A doctoral degree is a prerequisite to be a sociologist however those who obtain bachelors degrees can get into low rank jobs like research assistants or counselors. Many universities offer online degree on sociology, which are ideal for those who are unable to do a regular course Career Scope Sociologists can work for government,...

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Selecting The Best Online School For You

People always complain that there's not enough time for all the things they have to do. More people are pressured to get a job as soon as possible; sometimes they even stop going to school altogether. This means that most people work right out of high school, which doesn't give them much of an opportunity to improve their standing in life. Fortunately, through the Internet they get the chance to continue studying college online. This allows them to get a college degree without having to worry too much about their work schedules. However, choosing the right online college can be a bit of a challenge.Firstly, it must be an accredited institution. It is important to check if an online college is accredited because it assures that the institution will provide quality education. It means that the...

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The ideal place is a home office where you can close the door

You've decided you want to learn medical transcription. It looks like a great career option, and you're eager to get things moving. Now comes the big question...Where are you going to study?I believe that online courses are a great way to go, but they aren't the right choice for every student transcriptionist. You want to think things over first. There aren't any right or wrong answers here; you need to think about how you will learn best.1. Can you handle the flexibility?Which sounds better to you - having to attend classes at particular times or studying at times that work best for you?2. Do you have a comfortable, quiet place to study online at home?You need a good place to study if you're going to learn medical transcription there. You don't want to be interrupted all the time.The ideal...

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Online Learning: Have A Visionbe Demanding

Online learning has become a demanding trend in the contemporary world where just seeking conventional educational degrees are considered no more trendy or adequate. Learning beyond these defined boundaries is more appreciable nowadays and people opting for that extra are seen with reverence. Online education classes have beautifully outplayed the traditional approach towards knowledge attainment through their technologically advanced features. Plausible for just about anyone interested in refining his educational skills, online learning is seen as a convenient mode dispersing education quite achievable beyond the stereotype system of classrooms. Becoming an intrinsic part of all major educational institutes to emanate learning more dexterously, online learning has become an extended hand...

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Touch Screen Mobile Phone Watch From China

Discount mobile phone($ 122 usd)Source: es with official warranty, We offer safe and authentic payment way. Shopping with esaleschina is safe and secure.Our goal is 100% customer satisfaction. And we offer 30-day Money Back Guarantee! We have great interest in developing long-term cooperation business with worldwide customers and make mutual benefit, if you have any inquiries or comments for our products, our company and our services, please don"t be hesitate to contact us, we will do our best to service you at any time. Word up! And so, nothing stays the same. DE PHAZZ play music... music version 2.0. Its all uppercut is on here, so go & get your Lala update while supplies last.Here is some new stuff about a very young producer that came out of nowhere earlier this year. Emancipator is...

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When Planning Your Wedding - Don't Forget The Lingerie!

For most new couples the honeymoon is looked forward to at least as much as the wedding, maybe more. We look to this day as a once in a lifetime event and it should be treated with that kind of reverence. If we look at it this way then we should realize that the choice of sexy lingerie and underwear should be just as important as choosing a wedding dress and it isn't just for the honeymoon but you should have it on underneath your wedding gown as well.This is your day to go all out and make yourself look and feel as sexy and beautiful as possible. There are huge selections of bridal lingerie available in varied styles, colors, and sizes, especially bridal bustiers and corsets designed to enhance and support underneath the wedding gown while flattering the wedding dress you have chosen.You...

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Get more when getting married

According to The Bottom Drawer, the UK leading alternative wedding gift list company, the total value of wedding gifts received increases when the couple select alternative wedding gifts. Whereas the average gift list in the UK is worth ?1,500(1), couples registered with The Bottom Drawer thebottomdrawer.co.uk receive on average gifts valued at ?1,970, almost a third more.ost couples getting married in this liberal age have been around the block,? said Ian Bush, The Bottom Drawermanaging director.hey will probably have been living together or are on a second or third marriage. The last thing they want are three toasters and four sets of tea towels from well-intending friends or relatives ? these are things they are likely to already have.?To avoid this problem, modern couples can create gift...

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Choosing the right Wedding Car

The right wedding cars can add a touch of magic and class to your special day, infact one of the most special days of your life. The journey to your wedding ceremony is the most significant ride you will ever make.The wedding car is more than just a means of transporting you to and from the ceremony – after all it will be the last place you gather your thoughts as an excited and beautiful bride to be and the first intimate space you will share as newlyweds.Selecting a wedding car should be a fun but serious exercise. Visit each prospective car supplier or chauffeur and ask for a test ride. You wouldn’t get married in a dress you’ve never tried on and the same should go for your wedding car!Check the interior. Is it spacious, will it accommodate the bridal gown (especially important if the...

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Simferopol of Crimea – Simply exotic tourist spot

Simferopol is known as the capital city of Crimea, the transport hub, the political and economic center of Crimea. It is also an exotic tourist spot. Located in the south-most middle of Crimea, this city is full of attractive destinations to make a perfect holiday. People also visit Simferopol for the study purpose as it has several universities of a high reputation: first of all, Tavrida National University and Crimean State Medical University. Simferopol is situated on the banks of the Salgir River emerging from the Crimean Mountains. The Crimean Mountain range is easily accessible from Simferopol; thus, providing a fantastic opportunity for outdoor adventures – like mountaineering, hiking and trekking. One can find a number of good travel agencies that organize guided tours, trekking programs,...

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The Beaches of Bournemouth

The beaches on Bournemouth's seafront, especially the stretch of beach around the pier, are some of the best and busiest resort beaches in the country. They are also some of the cleanest and safest beaches around.Recently, eight beaches on Bournemouth and Poole's 12-mile coast received the prestigious Blue Flag beach awards, which are handed out every year to the beaches with the cleanest swimming waters and litter-free sand, based on a 28-point criteria covering water quality, beach services, environmental management and safety, and environmental education. The beaches that received the Blue Flag award include Alum Chine, Durley Chine, Southbourne and Fisherman's Walk, Branksome Chine, Canford Cliffs Chine, Sandbanks Peninsular and Shore Road.The quality of the environment is only one of...

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H1N1, Travel Insurance and You

A combination of mounting infections, various government alerts, and foreign visitors subjected to massive quarantines. The drumbeat of bad news about H1N1, or swine flu, never lets up. When it comes to this kind of viral infection epidemic, travelers are left with the worries related to protecting themselves from this. Yes, the primary defense for travelers would be to consider health precautions but it is also advisable for them to get travel insurance. Never expect it to cover all kinds of situations though. After it was declared by the World Health Organization that H1N1 was a global pandemic, there were a number of big trip insurance providers that halted their coverage for H1N1 as mentioned by the executive vice president of an online comparison site based in Warwick, RI. Now it appears...

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Discover The New Chiado In The Historical Center Of Lisbon

Lisbon November 11, 2006 - This mystical location of the Portuguese capital will unfold in numerous cultural activities and street entertainment with one goal, to promote the city culture and bring life to Chiado, an area that was once the nucleus of leisure before a great fire destroyed part of its history.The program includes initiatives for all ages, and covers a number of institutions and cultural spaces of the area. On the program you will find Guided Tours around many inaccessible locations in Chiado, Classical Music Recital, Jazz, and Readings that liven up the Coffee Shops, Theaters, Museums and Churches of Chiado.Traveling the streets of Lisbon constantly challenges our imagination and the preference of amblers.About ChiadoUsed since 1567, the word Chiado has been applied in various...

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Lightload Towels Are Perfect Biodegradable Camping Accessories

Most people who like going on camping and adventure trips are nature lovers. Unfortunately many such people, advertently or inadvertently end up harming Mother Nature on these trips. This happens when people use products that harm the earth. Apart from using polluting fuels, burning wood and littering camping areas with plastic, some campers and backpackers also litter up camping spaces with things that do not naturally degrade fast.Many campers leave behind paper and cloth on camping sites either by mistake or because they think that they will biodegrade fast. However, in an era when everything is mixed with something or the other, even paper and cloth do not degrade fast. A mere piece of paper that is used for wrapping food undergoes several chemical treatments that makes it tough for bacteria...

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