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USCA concludes first fly-in of 2013 to D.C.
The United States Cattlemen's Association (USCA) concluded its first fly-in of 2013 to Washington, D.C. recently. Members representing Virginia, Montana, North Dakota, Maryland, Kansas and Indiana made the trip to D.C. for the week's schedule of meetings....Tags: U.S. Department of Agriculture, Washington, DC, Financial Markets, MF Global, U.S. Congress
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San Onofre: Edison ordered to show costs for replacing generators
L.A. NOWIn response to a complaint filed by a former San Diego city attorney, an administrative judge with the California Public Utilities Commission has ordered Southern California Edison to file an accounting of its costs to replace steam generators at the........ -
State's money woes hit Chicago's credit rating
Clout StreetThe state’s troubled finances are now hitting City Hall in a more visible way, as a major agency downgraded Chicago’s credit rating as the city prepares to refinance some debt. A $181 million bond issue backed with the city’s share...Tags: Ratings, Finance, U.S. Securities and Exchange Commission, Credit Ratings, Politics
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In rare move, SEC charges Illinois with securities fraud
The Securities and Exchange Commission charged Illinois with securities fraud, accusing the state of misleading municipal investors over pension fund obligations, the regulatory agency said Monday. An investigation determined the state failed to...
Tags: Pension and Welfare, Interior Policy, U.S. Securities and Exchange Commission, Prosecution, Politics
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New CEO named for Adams Express and Petroleum & Resources funds
Mark E. Stoeckle has been named CEO of Baltimore-based Adams Express Co. and Petroleum & Resources Corp., replacing Douglas G. Ober, who last year announced his intention to retire. Stoeckle, 56, has been the chief investment officer of the U.S. Equities...Tags: Conservation, Environmental Issues, Finance, Corporate Officers, Energy Resources
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S&P helped cause financial crisis with faulty ratings, Feds allege
WASHINGTON -- Standard & Poor's Corp. helped cause the financial crisis by misleading investors with falsely high credit ratings on bonds backed by toxic subprime mortgages, federal officials alleged Tuesday in announcing a civil suit against the company....
Tags: Kamala D. Harris, Ratings, Manufacturing and Engineering, Justice System, Eric Holder
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U.S. suit against S&P: Bad for business, bad for democracy
The Justice Department is accusing Standard & Poor's of defrauding investors with optimistic ratings of mortgage-backed securities and derivatives prior to the financial crisis. While investors are entitled to answers about those conflicts, compensation...
Tags: Justice System, Robert H. Smith, Derivative Securities, Eric Holder, Finance
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US sues S&P over pre-crisis mortgage ratings
WASHINGTON (AP) — The U.S. government is accusing the debt rating agency Standard & Poor's of fraud for giving high ratings to risky mortgage bonds that helped bring about the financial crisis. The government filed a civil complaint late Monday...
Tags: Justice System, Derivative Securities, Finance, Housing and Urban Planning, Laws
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Sundance darlings eye alternative distribution platforms
Not that long ago, premiering a star-driven Sundance Film Festival movie on a video-on-demand channel was an admission of failure. But last year's festival produced two huge on-demand hits, Richard Gere's crime drama "Arbitrage" and Kirsten Dunst's...Tags: Jim Rash, Exit Through the Gift Shop (movie), Lobbying, Hamlet 2 (movie), Ethan Hawke
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Justice Department, state officials to announce Standard & Poor's suit
WASHINGTON -- Justice Department officials and attorneys general from California and several other states were set Tuesday morning to announce a landmark civil suit against Standard & Poor's Corp. concerning the company's credit ratings of troubled...
Tags: Ratings, Kamala D. Harris, Justice System, Derivative Securities, Eric Holder
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Business Briefs - Feb. 17
United Bankshares Inc. CHARLESTON, W.Va. — United Bankshares Inc. on Feb. 7 reported an increase in earnings for the fourth quarter and the year 2012 as compared to the fourth quarter and year 2011. Earnings for the fourth quarter of 2012...Tags: General Practitioners, Companies and Corporations, Education, Hospitals and Clinics, Economy, Business and Finance
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Edison manipulated costs at San Onofre, complaint alleges
L.A. NOWAn advocacy group filed a complaint Wednesday with the California Public Utilities Commission alleging that Southern California Edison manipulated inflation calculations to recover more money from ratepayers for defective replacement steam generators at...
Mar 15, 2013
|Story| Aberdeen News
Feb 22, 2013
| Los Angeles Times
Mar 14, 2013
|Story| Chicago Tribune
Mar 11, 2013
|Story| Los Angeles Times
Jan 28, 2013
|Story| Baltimore Sun
Feb 5, 2013
|Story| Los Angeles Times
Feb 5, 2013
|Story| Baltimore Sun
Feb 5, 2013
|Story| Petoskey News
Jan 17, 2013
|Story| Los Angeles Times
Feb 5, 2013
|Story| Los Angeles Times
Feb 17, 2013
|Story| Herald Mail
Feb 13, 2013
| Los Angeles Times
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