Washington. International - SPIEGEL ONLINE - Nachrichten. Will Proposed Financial Regulatory Overhaul Actually Reform Wall. This is a rush transcript. Copy may not be in its final form. JUAN GONZALEZ: With the main healthcare reform bill signed into law, Democrats say congressional efforts to reform Wall Street and the nation’s financial regulatory system will soon top the Obama administration’s agenda. On Wednesday, the President held a strategy meeting at the White House with Senate Banking Committee chairman Christopher Dodd and House Financial Services Committee chair Barney Frank. The meeting came two days after the Senate Banking Committee advanced Dodd’s measure to overhaul financial regulation on a party-line vote.
Dodd spoke to reporters after Wednesday’s meeting. SEN. CHRISTOPHER DODD: We intend to get a strong financial reform package. JUAN GONZALEZ: Meanwhile, Congressman Barney Frank said the issue of financial regulatory reform will be Congress’s number-one concern after a two-week Easter break. The Dodd bill has been described as the biggest overhaul of financial rules since the 1930s. [break] Top News. US & World. Marketplace Latest Reports. The Money Game. Online Press Release News. Magazine. Research Portals on 10,000 Finance Topics. Finance, Accounting,
New Collaborative Google Docs Unveiled - Bits Blog. Google Google is continuing its assault on Microsoft’s dominance of the multibillion dollar market for productivity software. On Monday, Google is unveiling new versions of Google Docs, which includes document, spreadsheet and presentation editors, all on the Web, offered free to consumers or for an annual price of $50 per user for businesses. Google first released these productivity apps in 2006 and then, as now, the focus was squarely on real-time collaboration. In the new document editing apps, up to 50 people can work on the same document at the same time, literally conducting letter-by-letter tug-of-wars over individual words.
The new editing apps are faster and more responsive than earlier versions, it’s easier to import different kinds of files to the cloud and images can be easily shifted around within pages, a feature that was missing before. This is an area where Google appears determined to undercut one of Microsoft’s key strategic strengths. Finance.