Marketplace AM for August 8, 2007
Posted In: Canada, Crime
Bear Stearns is testing offshore legal waters. The Wall Street investment house is trying to keep two bankruptcy cases in Cayman Island courts, but investors and creditors want a U.S. judge to force Bear to re-file here. Jill Barshay has more.
AFL-CIO leaders meet today to discuss the possible endorsement of a presidential candidate as early as this fall. The labor union is smaller this time around, but claims it'll carry a greater punch than ever. Jeremy Hobson reports.
Posted In: Canada, Economy
Capitol Hill's threats to punish China for undervaluing its currency are starting to aggravate government officials there. They're willing to use China's holdings in U.S. bonds to retaliate, and that could really hurt, Ambrose Evans-Prichard tells us.
Posted In: Immigration, Washington
Any day now, the Department of Homeland Security is expected to unveil new rules requiring employers to fire workers whose Social Security numbers don't match their names. But critics say don't expect those workers to go home. Jeremy Hobson reports.