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Feds should bust execs like it's Enron all over again
Attorney General Michael Mukasey says that however serious the mortgage-fraud crisis, it essentially amounts to a series of "white-collar street crimes.''So, no, he wouldn't be setting up a special federal task force to coordinate criminal prosecutions related to the crisis, he told reporters in June."It is a problem that arises in particular markets,'' Mukasey said.Brazil to remain economic force
A panel of economists and other experts discussed business conditions in Brazil and the future growth of South Florida's largest trading partner.Nation's housing slump has a broad ripple effect
RAILROADS, CHEMICAL PRODUCERS and insurance companies are blaming the worst U.S. housing slump in 16 years for their earnings woes. Burlington Northern Santa Fe Corp., the second-biggest U.S. railroad, said lower shipments of housing products and lumber reduced second-quarter earnings. DuPont Co., the third-largest chemical maker, said slumping demand for kitchen and bathroom countertops was partly responsible for its profit drop.View more book results for the query "Related Cos"
In The Trenches: Page Perry lures litigators with subprime mortgage work
Securities litigators David J. Worley and James M. Evangelista have found a new firm, Page Perry, attracted in part by a shared interest in pursuing plaintiffs litigation for investors who've suffered subprime mortgage-related losses.Page Perry is the second firm for the pair since February 2006, when they left Atlanta plaintiffs firm Chitwood Harley Harnes with two other partners, Lauren S.New Wave Of Condo Developers Tout A Stronger Foundation
A flock of construction cranes is about to return to South Florida, particularly Miami-Dade County, as developers race to start residential projects before the competition.Employer May Feel the Pain of Employee's Defamation
The Pennsylvania Supreme Court is poised to decide just how far the exclusivity provision of the Workers' Compensation Act can reach. The debate addresses whether employees can sue their bosses for defamation and malicious abuse of process. The case at hand deals with an employee who allegedly threatened to kill her co-workers and supervisors. Under the decision, the petition says, "an employer must choose between protecting [its] employees or facing an avalanche of lawsuits brought by former employees."Trending Stories
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