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{ Monthly Archives } September 2009

Lawmaker Seeks Group Liability for Rating Agencies

Key lawmaker proposes group liability for credit rating agencies to stem conflicts Continued here: Lawmaker Seeks Group Liability for Rating Agencies

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LA-Based Bank Strikes Deal in Discrimination Case

LA-based Nara Bank strikes deal with prosecutors in discrimination case View original post here: LA-Based Bank Strikes Deal in Discrimination Case

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Excerpts: Galbraith’s Letter to UN Secretary General – New York Times

Telegraph.co.uk Excerpts: Galbraith’s Letter to UN Secretary General New York Times The following are excerpts of the Sept. 28 letter from Peter W Visit link: Excerpts: Galbraith’s Letter to UN Secretary General – New York Times

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Citi closes sale of Nikko Cordial to SMFG

NEW YORK (Reuters) – Citigroup completed the sale of its Japanese brokerage Nikko Cordial Securities to Sumitomo Mitsui Financial Group, one more step in the U.S. bank’s plans to shed non-core assets Originally posted here: Citi closes sale of Nikko Cordial to SMFG

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Citi closes sale of Nikko Cordial to SMFG (Reuters)

Reuters – Citigroup completed the sale of its Japanese brokerage Nikko Cordial Securities to Sumitomo Mitsui Financial Group (8316.T), one more step in the U.S. bank’s plans to shed non-core assets. See the article here: Citi closes sale of Nikko Cordial to SMFG (Reuters)

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U.S. senators vote to encourage healthy behavior

WASHINGTON (Reuters) – A U.S. Senate panel on Wednesday adopted a measure aimed at rewarding healthy behavior in a sweeping healthcare overhaul sought by President Barack Obama as lawmakers pushed to complete the legislation. The rest is here: U.S. senators vote to encourage healthy behavior

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Obama hears opinions on new strategy in Afghanistan

WASHINGTON (Reuters) – President Barack Obama heard opinions from top advisers on how to reverse the deteriorating Afghanistan war on Wednesday as part of a sweeping strategy review that could lead to more U.S. troops. Here is the original post: Obama hears opinions on new strategy in Afghanistan

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Oregon invests heavily in Grayken’s ‘distressed debt’ fund

Lacking many of its conventional investment opportunities after the stock market crash and credit market contraction, the OIC voted to invest up to $800 million more with with John Grayken and his Dallas-based Lone Star Funds. Excerpt from: Oregon invests heavily in Grayken’s ‘distressed debt’ fund

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Economy sends numerous signals of rebound (AP)

AP – Consumer spending, the bulwark of economic growth, is showing signs of life as the economy transitions from recession to recovery. Read the original here: Economy sends numerous signals of rebound (AP)

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FBI denies editing Oklahoma City bombing tapes (AP)

AP – The FBI says it did not edit videotapes of the aftermath of the 1995 bombing of the Oklahoma City federal building before turning them over to an attorney who is conducting an unofficial inquiry into the bombing. Originally posted here: FBI denies editing Oklahoma City bombing tapes …

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