Finance
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Citi execs may be in for surprises at crisis probeApr 06, 2010 11:00 pm - WASHINGTON -- Former executives of Citigroup Inc. could be in for some surprises when they appear before a panel investigating the roots of the financial crisis. Commiss...
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SEC seeks tighter rules on asset-backed securitiesApr 06, 2010 11:00 pm - WASHINGTON -- Federal regulators worked Wednesday toward laying down stricter rules for asset-backed securities, the bundles of loans that helped spark the market's coll...
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Who's looking at your credit reports? And why?Mar 30, 2010 11:00 pm - NEW YORK -- Now that it will be easier to find your free credit report, you may be curious about who else can see it and how it can be used. Starting Friday, a new Feder...
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JPMorgan Chase CEO got $15.5 million compensation for 2009Mar 19, 2010 11:00 pm - JPMorgan Chase & Co., the second- biggest U.S. bank, gave Chief Executive Officer Jamie Dimon $15.5 million in salary, stock and other compensation last year, the compan...
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Citigroup reverses plan to shrink mortgage businessMar 19, 2010 11:00 pm - Citigroup Inc., the bank 27 percent owned by the U.S. government, will ramp up purchases of mortgages underwritten by other firms and keep more loans on its balance shee...
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Gov't bank auditors got big bonusesMar 17, 2010 11:00 pm - WASHINGTON -- Banks weren't the only ones giving big bonuses in the boom years before the worst financial crisis in generations. The government also was handing out mill...
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Examiner unveils Lehman accounting tricksMar 12, 2010 10:00 pm - WASHINGTON -- An accounting gimmick called Repo 105 provided financial relief for Lehman Brothers in the months before its spectacular collapse, an autopsy of the once-...
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Mortgage rates remain below 5 percentMar 10, 2010 10:00 pm - WASHINGTON -- Mortgage rates held below the 5 percent threshold for the second straight week, a report said Thursday, weeks before a government program that has been kee...
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Seniors put on hold as they try to sell their homes, or cash out their equityMar 03, 2010 10:00 pm - In March 2009, Frank Mumenthal toured his Elk Grove Village home after adding a fresh coat of neutral-colored paint, new carpeting and other changes. He was ready to sel...
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Unemployed worried about loss of extended benefitsMar 01, 2010 10:00 pm - Ken Hajduk of Mount Prospect made his career in the association management field and, more recently, at a company involved with trade shows. But the slowdown of the conv...