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Former Boynton mayor pleads guilty
— Jose Rodriguez, the former Boynton Beach mayor accused of shouting down a police chief investigating him and of defrauding a bank, has pleaded guilty to two of his charges in exchange for 60 days in jail, five years' probation and more than $100,...
Tags: Elections, Values, Prosecution, Religion and Belief, Ethics
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JPMorgan Chase, Wells Fargo post sharply higher profits
Two of the nation's healthiest banks reported sharply higher profits and fewer loan delinquencies as bank earnings season began, but a slowdown in the mortgage business disappointed investors. JPMorgan Chase & Co.'s first-quarter earnings rose 33% and...Tags: Economy, Business and Finance, Earnings, Corporate Officers, Real Estate, Finance
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Boxer urges investigations into banks' mortgage pact adherence
Saying too many homes have been lost “to bank malfeasance or error,” Sen. Barbara Boxer called for federal investigations into whether banks are breaking the consumer-protection pledges they made in last year’s $26-billion settlement...Tags: Bank of America Corp., Citigroup Incorporated, Financial and Business Services, Malpractice, Shaun Donovan
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MarksJarvis: Nearing record high, market sees growing disconnect with tepid economy
Corporate earnings reports have pacified investors this week after a bout of selling followed renewed concerns about a global slowdown last week. It's not that companies have provided dazzling first-quarter results. Many are continuing to make their...Tags: Globalization, Dow Jones Industrial Average, Illinois Tool Works Incorporated, Stock Market, CNBC (tv network)
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Judge rejects 'robo-signing' case, citing prosecution misconduct
Five giant mortgage firms are shelling out $25 billion to settle claims of "robo-signing" and other foreclosure abuses -- but putting anyone in jail is another matter. In one of only two robo-signing prosecutions nationwide, a judge last week threw...
Tags: Bank of America Corp., Fakes, Hoaxes, and Impostors, Mortgages, Judges, Prosecution
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Dow hits a record, but who's reaping the rewards?
You've heard the old joke about the stockbroker showing a friend all the luxuries he's bought with the commissions paid by his customers — big house, big car, big yacht. And the friend asks, "But where are the customers' yachts?" The joke needs...
Tags: Goldman Sachs Group, Inc., World War II (1939-1945), Employees, Economic Indicator, Stock Market
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If you get this check in the mail, it's not a scam
Watchdog with Paul MuschickMost checks that arrive unsolicited in your mailbox are fake ones from crooks who are trying to rip you off. But if you get a letter and a check from Rust Consulting Inc. soon, chances are it's real. It's your...... -
The last Dow record: My, how things have changed
Remember the world on Oct. 9, 2007? That was when the Dow Jones industrial average last set a record high. It was a headier time back then: pre-financial crisis, pre-bailouts, pre-Great Recession. The stock market still felt like a party. The economy,...Tags: Freddie Mac, Lehman Brothers Holdings Inc., Elections, Wachovia Corp., Stock Market
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Dow hits record, erasing Great Recession losses
NEW YORK (AP) — The stock market is back. Five and a half years after the start of a frightening drop that erased $11 trillion from stock portfolios and made investors despair of ever getting their money back, the Dow Jones industrial average...
Tags: General Mills Incorporated, Money and Monetary Policy, Finance, Unrest, Conflicts and War, Computing and Information Technology Industry
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Tribune Co. hires banks to manage offers for newspapers
Tribune Co. has hired two investment banks to manage offers to buy its newspapers, executives said Tuesday, adding that no decisions have been made about whether to sell any properties. JPMorgan Chase and Evercore Partners will oversee a process to...
Tags: Chicago Tribune, Satellite and Cable Service, Warren Buffett, Newspaper and Magazine, Allentown
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Bank profits rose 37% in fourth quarter, FDIC says
Despite a pinch from low interest rates, America’s 7,083 federally insured banking firms turned in the second-highest annual earnings in history last year -- $143.3 billion, according to the Federal Deposit Insurance Corp. That was more than 19%...
Tags: Bank of America Corp., Economy, Business and Finance, Financial and Business Services, Federal Deposit Insurance Corporation, Finance
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Tribune Co. hires investment bankers to explore sale of newspaper unit
Tribune Co. has hired investment bankers to advise the media company on the sale of its newspaper publishing unit, according to a source familiar with the matter. The company has retained JPMorgan Chase & Co. to oversee a potential sale of the...
Tags: Chicago Tribune, Newspaper and Magazine, Bankruptcy, Los Angeles Times, Banking
Apr 26, 2013
|Story| South Florida Sun-Sentinel
Apr 12, 2013
|Story| Los Angeles Times
Apr 12, 2013
|Story| Los Angeles Times
Apr 24, 2013
|Column| Chicago Tribune
Mar 7, 2013
|Story| Los Angeles Times
Mar 6, 2013
|Column| Los Angeles Times
Apr 9, 2013
| Allentown Morning Call
Mar 6, 2013
|Story| Petoskey News
Mar 6, 2013
|Story| Petoskey News
Feb 26, 2013
|Story| Baltimore Sun
Feb 26, 2013
|Story| Los Angeles Times
Feb 26, 2013
|Story| Los Angeles Times
Original site for JPMorgan Chase & Co. topic gallery.