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The triumph of progressivism: Graduation 2013 and 1968
Many of you soon-to-be college graduates are determined to make the world a better place. Some of you are choosing careers in public service or joining nonprofits or volunteering in your communities. But many of you are cynical about politics. You see...Tags: Vietnam War (1955-1975), Crime, Law and Justice, Social Issues, Philosophy, Martin Luther King Jr.
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Family of man killed by Downey police settles for $4.5 million
The family of an unarmed man killed by a Downey police officer with a submachine gun in a case of mistaken identity has agreed to a $4.5-million settlement with the city's insurer. Michael Nida, 31, was fatally shot in the back Oct. 22, 2011, by Officer...Tags: Lawyers, Theft, Prosecution, Crime, Law and Justice, Shootings
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Floridians get so far more than $8.6B from mortgage settlement
Sun SentinelThe historic settlement involving the nation's five largest mortgage lenders has so far helped nearly 112,000 struggling Florida homeowners for an average $77,341 in relief, according to a new report released Tuesday. The relief so far totals more...Tags: Banking, Pam Bondi, Mortgages, Human Interest, JPMorgan Chase & Co.
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Oaktree founders could reap up to $80 million each in stock sale
ReutersBy Greg Roumeliotis NEW YORK, May 21 (Reuters) - Oaktree Capital LLC, the world's largest distressed debt investor, said its two founders could each receive as much as $79.9 million in a secondary offering of its shares if the firm clears net proceeds of...Tags: Morgan Stanley Dean Witter & Company, Politics, Howard Marks, Interior Policy, JPMorgan Chase & Co.
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Mortgage settlement brings relief to 25K in Illinois
Tribune reporterMore than 25,000 Illinois residents have received approximately $1.8 billion from the landmark national mortgage settlement, but servicer compliance with the pact remains an issue for several companies, according to a report from the settlement's...Tags: Financial and Business Services, Mortgages, Consumers, Citigroup Incorporated
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Robber turned away at bank, so he robbed CVS, police say
A robber who walked away from a bank empty-handed Monday went across the street to a drugstore and robbed it at gunpoint, Orlando police said. The man, wearing sunglasses and a ball cap, walked into Bank of America, 2893 S. Orange Ave., about 12:45 p.m.,...
Tags: Banking, Theft, CVS Corp.
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US high-grade issuance touches USD6bn for the week so far
ReutersBy Shankar Ramakrishnan NEW YORK, May 21 (IFR) - The US high-grade primary market was busier on Tuesday than the previous session but activity was still nowhere close to the hectic days of the past few weeks. Five deals for USD3.65bn were priced, taking...Tags: Bonds, Mountain West Conference, Prices, Books, National Rural Utilities Cooperative Finance Corporation
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Orlando area group packs thousands of meals for Oklahoma tornado victims
Working to the pulsing beat of dance music, dozens of volunteers filled thousands of small plastic bags with lentils, rice and dehydrated vegetables at the Feeding Children Everywhere warehouse in Longwood Tuesday night. When mixed with water, each...
Tags: Banking, Winter Springs, Social Issues, Judaism, Religion and Belief
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JPMorgan's Jamie Dimon survives vote to strip him of chairman role
NEW YORK – Jamie Dimon survived a bruising fight to strip him of his chairmanship, but directors at JPMorgan Chase & Co. may still have to calm restive shareholders. Dimon, JPMorgan's savvy chairman and chief executive, easily beat a proposal to...Tags: Jamie Dimon, Annual and Special Corporate Meetings, Companies and Corporations, Parties and Movements, Tampa
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BofA, JPMorgan say they have fulfilled mortgage settlement terms
Bank of America Corp. and JPMorgan Chase & Co. say they have satisfied their obligations to help troubled borrowers under last year's landmark mortgage settlement with state and federal officials. Another bank that signed the settlement, Wells Fargo &...
Tags: Banking, Financial and Business Services, Finance, Mortgages, General Motors Acceptance Corporation
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Bank official's boyfriend held in $565,500 robbery
It seem like the perfect crime: Masked men snatch an assistant bank manager in her garage, strap a bomb to her and force the woman to rob her own East Los Angeles bank of $565,500. But now authorities allege that one of three men charged with last fall'...
Tags: Police Arrests, Bank Robbery, Prosecution, FBI, Theft
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Goldman exits China's ICBC, seven years and billions later
ReutersHONG KONG (Reuters) - Goldman Sachs Group Inc raised $1.1 billion by selling its remaining shares in Industrial and Commercial Bank of China, ending a seven-year old investment and handing the Wall Street firm a return of nearly four times its original...Tags: China, Business Institutions, JPMorgan Chase & Co., Joint Ventures, Financial Markets
May 22, 2013
|Story| Baltimore Sun
May 21, 2013
|Story| Los Angeles Times
May 21, 2013
|Story| South Florida Sun-Sentinel
May 21, 2013
|Story| Reuters
May 21, 2013
|Story| Chicago Tribune
May 21, 2013
|Story| Orlando Sentinel
May 21, 2013
|Story| Reuters
May 21, 2013
|Story| Orlando Sentinel
May 22, 2013
|Story| Los Angeles Times
May 22, 2013
|Story| Los Angeles Times
May 21, 2013
|Story| Los Angeles Times
May 20, 2013
|Story| Reuters
Original site for Bank of America Corp. topic gallery.