Anytime management takes away employee perks or benefits you should anticipate negative repercussions.

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Citing sources in the German Finance Ministry, Der Spiegel reported that Finance Minister Wolfgang Schaulbe was attending the meeting with an internal report to stress the massively negative repercussions a Greek exit from the European Monetary Union could have.

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While the bank reported that its core Tier 1 capital ratio grew to 10.5% from 9.4%, it dedicated a large chunk of its report to the proposed Basel III and the negative repercussions it would have on its business.

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For the Obama administration, the question is whether the legal process will weaken its ability to limit the negative political repercussions of the spill.

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