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Banking

A collection of news and information related to Banking published by this site and its partners.

Top Banking Articles

Displaying items 78-88
  • Banker who used fake bomb to rob branch charged with faking PTSD claim

    Banker who used fake bomb to rob branch charged with faking PTSD claim
    A former Bank of America employee who, in an elaborate scheme, helped to rob her own branch by showing up to work with a fake bomb strapped to her body has been charged with filing a fraudulent workers' compensation claim stemming from the incident. Two...
  • Home equity line defaults are likely to rise

    Home equity line defaults are likely to rise
    A wave of potential defaults on home equity lines of credit could start arriving in the next few years as Americans face a day of reckoning on their boom-era borrowing. Many homeowners who took out home equity lines, essentially second mortgages, during...
  • READER SUBMITTED: Coldwell Banker Residential Brokerage Cares Foundation Donates $5,000

    The Coldwell Banker Residential Brokerage Cares Foundation is pleased to have recently donated $5,000 to the EverWonder Children's Museum in Newtown. The donation was made through a request by the Coldwell Banker Residential Brokerage office in Newtown...
  • Audits: As Amistad Finances Collapsed, State Money Kept Flowing

    Audits: As Amistad Finances Collapsed, State Money Kept Flowing
    When the cash began running out at the nonprofit Amistad America Inc., officials defaulted on bank loans, skimped on bills, borrowed from employees and used state grant money as a temporary loan against other grants, a series of audits released Friday...
  • Real estate notebook: Yamato Village Center in Boca sells for $6.5 million

    A family-owned real estate investment firm paid $6.5 million for the Boca Raton retail center anchored by Doris Italian Market. Boca YVC LLC bought the 30,000-square-foot Yamato Village Center at 9101 Lakeridge Blvd. from Dratax Corp. Coldwell Banker'...
  • Niantic Man Arrested In Essex Bank Robbery

    ESSEX — Joshua Green of Niantic is in custody after he stole money from a Bank of America on 125 Westbrook Rd., in Essex, police said. Green, 34, left the Bank of America and headed north on Route 153 with a large amount of money, police said....
  • Ending bank tricks would be music to my ears

    There's no shortage of dumb laws on the books in this country -- you can't, for example, delay or detain a homing pigeon in New Jersey or give a dog whiskey in Chicago. But what really astounds me is all the lousy things that remain legal. Sure, on any...
  • Surprising plea deal in state Rep. Ford's bank fraud case

    Surprising plea deal in state Rep. Ford's bank fraud case
    The odds were undoubtedly stacked against state Rep. LaShawn Ford when federal prosecutors indicted him on felony bank fraud charges more than a year and a half ago. The already sky-high conviction rate at the Dirksen U.S. Courthouse rises to near 100...
  • Ford expected to plead guilty to misdemeanor tax charge

    Ford expected to plead guilty to misdemeanor tax charge
    LaShawn Ford, a state representative charged in 2012 with federal bank fraud charges, is scheduled to plead guilty this morning to a misdemeanor tax count, not felony bank fraud charges on which he was initially indicted, according to a source. The U.S....
  • Workers who serve society are not rewarded for dedication [Commentary]

    Workers who serve society are not rewarded for dedication [Commentary]
    What someone is paid has little or no relationship to what their work is worth to society. Does anyone seriously believe that hedge-fund mogul Steven A. Cohen is worth the $2.3 billion he raked in last year, despite being slapped with a $1.8 billion ...
  • Robert B. Reich: Workers who serve society aren't rewarded for dedication

    What someone is paid has little or no relationship to what their work is worth to society. Does anyone seriously believe that hedge-fund mogul Steven A. Cohen is worth the $2.3 billion he raked in last year, despite being slapped with a $1.8 billion fine...