Posts from March 2013

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  • BY JESSICA SILVER-GREENBERG AND BEN PROTESS As the nation’s strongest bank, JPMorgan Chase used to be known for carrying special sway with regulators. Now it increasingly finds itself in the cross hairs of federal authorities. At least two board members are worried about the mounting problems, and some top executives fear that the bank’s relationships in Washington have frayed as […]
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  • Gray Rohrer, 03/27/2013 – 03:10 PM Members of the Senate Appropriations Subcommittee on Transportation and Economic Development unveiled their plan to spend $200 million from a multi-state foreclosure fraud settlement on Wednesday, revealing a significant departure for the House. The Senate wants to use $70 million for the State Housing Initiatives Partnership program, which provides grants to local governments […]
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  • By Michele Kambas and Karolina Tagaris NICOSIA (Reuters) – Cyprus overwhelmingly rejected a proposed levy on bank deposits as a condition for a European bailout on Tuesday, throwing international efforts to rescue the latest casualty of the euro zone debt crisis into disarray. The vote in the tiny legislature was a stunning setback for the 17-nation currency […]
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