Without using any names to preserve my legal reserve funds, I have an associate who formed a retail chain with their best friend.
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Under Brazilian law, eighty percent of the land in the Amazon, which covers an area larger than India, must be set aside as legal reserve.
In 1694 with the creation of the Bank of England, the practice of fractional reserve banking was given legal permission.
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Their official reason for building up a cash hoard in the first place was to create a reserve for Microsoft's legal battles, all stemming from its alleged monopolistic abuses.
It may be more beneficial for the Federal Reserve to make issuers shorten and simplify these legal agreements so consumers can comprehend what they are signing without needing a law degree.
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Consequently, a biosphere reserve is subject to the influence of numerous legal international, national and local treaties and documents, which suggests that the management of biosphere reserves is in fact the coordination and maximised use of locally available legal texts, human and financial resources.
Now that Morgan Stanley and Goldman Sachs, the last two remaining big independent Wall Street firms, have converted to bank holding companies, a legal switch that placed them under the regulatory authority of the Federal Reserve, Mack insists that proper supervision is in place.
Fortunately, an important legal initiative has just been launched aimed at blocking Secretary Paulson and the Federal Reserve Board from engaging in this sort of unconstitutional behavior via Shariah-Compliant Finance (SCF) and other commercial transactions.
Evans thinks some increases to the remaining reserve might be needed, noting that his number doesn't include legal costs.
This is so because legal tender laws allow debtors to effectively abrogate private currency debt contracts at will by offering Federal Reserve notes in lieu of what was specified.
The paper argues that we should eliminate legal restrictions on private currency issuance to allow private firms to create money backed either by Federal Reserve notes or commodities like gold, a position I completely agree with.
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Did the Federal Reserve watch helplessly as Lehman failed because, as its officials have repeatedly asserted, they had no legal authority to stop it?
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