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NY AG subpoenas Thain over Merrill bonuses
NEW YORK AP - The New York attorney general on Tuesday issued subpoenas to former Merrill Lynch chief executive John Thain and Bank of America's chief administrative officer, J. Steele Alphin, amid an investigation into bonuses Merrill paid executives just before being sold to Bank of America.Thain, 53, was serving as the head of the newly combined company's wealth management division before he resigned last week.Litvinskiy v. May Entertainment Group Inc.
Motion to Strike Is Granted; Failure to Timely Comply With Discovery, Lack of Good Faith CitedStretch Retirement Funds to Last for a Lifetime
Having too much money in fixed income significantly reduces the probability of being able to make sustained, inflation-adjusted withdrawals over time. This is because, in most cases, it's hard to earn a return from fixed income significantly above the rate of inflation that provides enough growth to cover long-term inflation.View more book results for the query "*"
Newman's Departure Could Create Openings for Phila. Judges
Justice Sandra Schultz Newman's decision to step down from the bench could create Pennsylvania Supreme Court opportunities for some top Philadelphia-based judges.New York Judge Considers Request for Cameras in Court
There were no cameras in the New York courtroom Thursday where David Boies of Boies, Schiller & Flexner argued on behalf of Court TV that the state's ban on cameras in court is unconstitutional. The judge, however, seemed skeptical that news organizations had a right to bring them there. At least nine courts in the state have reached different conclusions on the constitutionality and scope of the camera ban.Workers Win Liability Phase In Wal-Mart Case
Many local lawyers who�ve kept their eyes on the Wal-Mart break-time class action being tried in City Hall for the past month have been wondering not if a Philadelphia jury would side with the plaintiffs, but how much the verdict would wind up costing the retail giant.Fed nears agreement on how to exit stimulus
Federal Reserve policy makers neared agreement on the sequence of tools they will use to withdraw record monetary stimulus, with little accord on when to start.For some it was a great night, for others, not so much. But one thing is certain, election night was a memorable one
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