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Loumiet's Lawsuit Against OCC Survives Motion To Dismiss
Miami attorney Carlos Loumiet sued the Office of the Comptroller of the Currency in 2012, three years after his exoneration on charges he helped hide illegal bank activity at shuttered Hamilton Bank.
Housing packs punch for growth in 2013 and beyond
Climbing home prices are lifting household wealth and boosting the purchasing power of consumers. Declining mortgage delinquencies and foreclosures are buttressing bank balance sheets, giving them greater leeway to lend. And rising property-tax revenue is fortifying the finances of state and local governments, alleviating pressure on them to cut budgets.
Bernanke Saves Companies $700 Billion As Verizon Leads Sales
America's companies, from Apple to Verizon Communications, are saving about $700 billion in interest payments with the Federal Reserve's unprecedented stimulus.
Capital Sources: New CEO's agenda at Professional Bank is turnaround and growth
Raul Valdes-Fauli, Professional Bank's new boss, wants to grow the one-office lender, but first he's got to repair the financials that led to a crackdown by regulators.
Bank of America faces bad home-equity loans
Bank of America Corp., whose home-equity mortgage portfolio exceeds its stock market value, probably will say Thursday that about $2 billion of junior loans are bad assets even as some borrowers are still paying on time.
Law Journal Press | Digital Book
New Jersey Business Litigation 2025
Authors: Paul A. Rowe, Andrea J. Sullivan
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News Corp.'s lost $7 billion shows hacking concern growing
News Corp.'s loss of $7 billion in market value over four trading days shows investor concerns that a probe into alleged phone hacking by journalists at one London newspaper could have a broader impact on the company.
Housing rebound in U.S. accelerated by state agencies
State housing agencies are contributing to the nascent housing recovery by making more grants and loans to cover costs such as origination fees, third-party appraisals and insurance premiums that have jumped about 9 percent.
Hearing set to slug out fees in MLB's Texas Rangers bankruptcy
The 2010 World Series between the Texas Rangers and San Francisco Giants is over, but the sparring over legal fees in the team's bankruptcy continues.
Investors flee stocks for perceived safety of bonds
Money managers and fund executives are warning that the flight to bonds leaves savers exposed to a new round of losses once interest rates rise.
School vouchers spark growing court fights in US
Students like Delano Coffy are at the heart of brewing political fights and court battles over whether public dollars should go to school vouchers to help make private schools more affordable.Trending Stories
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