December 2019

UK’s biggest commercial property fund suspended

Investors in the UK’s biggest commercial property fund – worth £2.5bn – have been temporarily prevented from taking out their money. Investment firm M&G said withdrawals from its Property Portfolio fund had been suspended after investors consistently withdrew their savings. The firm blamed “Brexit-related political uncertainty” and difficulties in the retail sector for the situation. […]

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Who Is Michael J. Gerhardt? Professor Made Impeachment His Specialty

For the second time, Michael J. Gerhardt will appear before Congress as an expert on impeachment. In 1998, when President Bill Clinton was facing impeachment, he was the only expert on a panel of 19 witnesses summoned by both parties to offer insight into the process. His credentials Thirty years ago, Mr. Gerhardt published his

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Warren Takes Aim at Bank Mergers, a Sign of Her Presidential Intentions

WASHINGTON — Senator Elizabeth Warren plans to introduce a bill in coming weeks that would intensify the scrutiny of bank mergers, a signal less of legislative action to come than of her intentions for the finance industry if she is elected president. The bill, a companion of which will be introduced Wednesday in the House

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