It is not quite often when news agencies are caught up in controversy for actually reporting a controversial topic. Just yesterday, the Wall Street Journal reported on federal regulators' rejection on several U.S. Banks based on their living wills which were submitted and the story reached the regulators which urged an investigation to kick off earlier today.
An injunction ordered by the court has caused an outrage among newspapers in England and Wales for banning them from publishing details about the "celebrity threesome" case, while newspapers in Scotland and the U.S. have done so.
The Federal Reserve and the Federal Deposit Insurance Corp. wants significant revisions on the living wills of United State's five biggest banks. These revisions will prevent taxpayers from carrying the burden in case of bankruptcy.
Recent reports reveal that the on-going talks between the European Union (EU) and the United States in Privacy Shield agreement, which is anticipated to occur within the next two years, may not likely be pursued.
