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15 Sep 2014, 11:01 am by Paul Caron
New York Times: Student Loan Debt Burdens More Than Just Young People, by Elizabeth Olson: [A]n estimated two million Americans age 60 and older ... are in debt from unpaid student loans, according to data from the Federal Reserve Bank of New York. [read post]
7 Aug 2007, 8:49 am
According to Crain’s New York Business, officials at the bank are considering an initial public offering of the New York-based unit, after having rebuffed several suitors. [read post]
7 Dec 2007, 5:14 am
" And the New York Law Journal reports today that "Court Approves $3.1 Million Fee for Attorney in Holocaust Case. [read post]
25 Jun 2008, 11:54 am
Go to Article from The New York Post>> [read post]
21 Oct 2011, 3:13 am by marcorandazza
Former New York state prosecutor Alisha Smith, who helped secure a $5 billion settlement from Bank of America, was unceremoniously suspended from her job because she spent her spare time as a dominatrix. [read post]
30 Sep 2008, 11:26 am
The drop in Wall Street’s bonuses “could rival” the 50 percent fall seen in 2003, with the current market crisis cutting the total amount paid by banks and brokerages to $16 billion, the New York State comptroller said on Monday. [read post]
6 Dec 2019, 10:00 am by Paul Caron
New York Times, Trump Loses Appeal on Deutsche Bank Subpoenas New York Times, Trump Again Asks Supreme Court to Bar Release of His Financial Records Politico, Court Deals Blow to Trump’s Bid to Keep Financial Records... [read post]
5 Dec 2007, 4:52 am
The investment bank agreed Tuesday to take over some assets from Van der Moolen Specialists USA, a New York Stock Exchange market maker, including its portfolio of NYSE-listed stocks. [read post]
14 Oct 2011, 11:33 am
Bank of New York Mellon has been sued in separate civil lawsuits filed by the U.S. [read post]
23 May 2013, 2:02 pm by Paul Caron
BBC: Europe's Push Against Tax Fraud Gains Momentum Financial Times: EU Rushes Out Corporate Tax Transparency Law New York Times: Austria Gives Ground on Banking Secrecy at Meeting of European Union Leaders New York Times: Europe Pushes to Shed Stigma of a Tax Haven Wall Street Journal: Tax Fairness Tops... [read post]
9 Jan 2014, 9:10 am by Amy Mathieu
[JURIST] A judge for the US District Court for the Southern District of New York [official website] approved a deal on Wednesday between the US Attorney's Office for the Southern District of New York [official website] and JPMorgan Chase [corporate website] to settle the criminal charges of failure to report suspicions about Bernard Madoff's Ponzi scheme. [read post]
10 Mar 2017, 1:47 pm by Rachel Dollar
David Gotterup, 37, Oceanside, New York, was sentenced at the federal courthouse in Brooklyn, New York, to 15 years in prison for leading a loan modification scheme that defrauded distressed homeowners. [read post]
12 Mar 2010, 1:01 am by staff@mortgagefraudblog.com
Karen Hewitt, 51, a resident of New York, pled guilty to her role in the scheme in which Michael Cassadei and others used fraudulent loan applications, appraisals, settlement statements, and other false statements and documents to induce the former First Union National Bank of Delaware to finance the sale of Capital Region, New York residential properties that they did not own yet to third parties in amounts well in excess of… [read post]
12 Dec 2011, 12:18 am
James Robert Sweet, 44, Westbury, New York, the kingpin of the largest mortgage fraud and identity theft ring in Nassau County, New York, history has been sentenced to four to 12 years in prison for his role in leading an organization that stole more than $20 million from homeowners, banks, and the County government. [read post]
23 Jul 2008, 2:57 am
Kate Taylor has a good piece in today's New York Sun on art financing.Related story (though a couple years old now) here. [read post]
23 Aug 2007, 1:10 pm
I found this story buried deep, deep, inside the New York Times’s business section to be Really Odd. 4 Major Banks Tap Fed for Financing: The country’s four biggest banks announced yesterday that they had each borrowed $500 million from the Federal Reserve, taking an unusual step to ease the credit squeeze that has been rattling the financial system for weeks.The banks — Citigroup, Bank of America, JPMorgan and… [read post]
23 Apr 2012, 2:20 pm
Google spent $5.03 million on lobbying in the first quarter of the year, the New York Times reported Monday. [read post]