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MF Global trustee will meet with customers
WASHINGTON (AP) — Customers of MF Global, the brokerage firm that imploded into bankruptcy last year, will meet publicly Thursday with a court-appointed official overseeing the dismantling of the company. The question still lurking behind the...Tags: Economy, Business and Finance, Financially Distressed Companies, Finance, Judges, Crime, Law and Justice
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MF Global collapse costs N.D. state mill
BISMARCK, N.D. (AP) — North Dakota’s state-owned flour mill likely will lose at least $60,000 because of the collapse of a commodities broker the mill has used to guarantee prices for the wheat it buys, a state audit says. The Mill and...Tags: Economy, Business and Finance, Financially Distressed Companies, Investment Service, Government, Corporate Officers
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MF Global: Broker collapse costs N.D. state mill
BISMARCK, N.D. (AP) - North Dakota's state-owned flour mill likely will lose at least $60,000 because of the collapse of a commodities broker the mill has used to guarantee prices for the wheat it buys, a state audit says. The Mill and Elevator was a...Tags: Economy, Business and Finance, Financially Distressed Companies, Investment Service, Government, Corporate Officers
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Republican super PAC American Crossroads raised $51 million in 2011
WASHINGTON (AP)— American Crossroads, the Republican “super” political committee that plans to play a major role in this year’s presidential campaign, raised more than $51 million along with its nonprofit arm last year, The...Tags: Political Candidates, Economy, Business and Finance, Elections, Government, Haley Barbour
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Obama releases list of top money bundlers
WASHINGTON (AP) — President Barack Obama’s re-election campaign identified its top fundraisers on Tuesday, including 61 people who each raised at least half a million dollars. Altogether, the more than 440 fundraisers collected at least $75...Tags: Eva Longoria, Elections, Solyndra LLC, Democratic Party, MF Global
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Steep Toll Hikes Take Effect On NJ Highways
pix11.comSome New Jersey motorists got the shock of their lives this morning at toll booths. The second phase of a 2008-approved toll increase kicked in Sunday at 6 a.m. On the New Jersey Turnpike, tolls went from $2.20 to $3.30, a 53 percent hike; and on the...Tags: Port Authority of New York and New Jersey, Hudson River, Executive Branch, Government, Travel
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'Bundlers' raised at least $74 million for Obama campaign in 2011
President Obama added nearly 100 fundraising heavy-hitters -- among them Hollywood stars and financial titans -- to his reelection effort in the fourth quarter of last year, according to a list released by his campaign today. In all, the campaign...Tags: Mitt Romney, Economy, Business and Finance, Political Fundraising, Elections, Eva Longoria
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Punishments to fit the politicians' crimes
I enjoyed the letter "A punishment that fits the crime: Sentence Schurick to register African-American voters." Tailoring punishment to fit crimes is exactly what good judges do. Here are some additional suggestions: Sentence Democratic congressman...Tags: Severna Park, Barney Frank, Walmart, Economy, Business and Finance, Nancy Pelosi
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rich text saves
![1>banner of the year <a href="/ct-trav-0925-camping-wisconsin-20110925,0,1391191.story">who is </a> 2> 3> <img height="105" width="187" src="http://www.baltimoresun.com/media/thumbnails/photo/2011-10/210821800-25140619.jpg" /> 4><iframe width="560" height="349" src="http://www.youtube.com/embed/pChzOaIeyxY" frameborder="0"></iframe> 5><object width="560" height="315"><param name="movie" value="http://www.youtube.com/v/_BI0szjpxJs?version=3&hl=en_US"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/_BI0szjpxJs?version=3&hl=en_US" type="application/x-shockwave-flash" width="560" height="315" allowscriptaccess="always" allowfullscreen="true"></embed></object> Groupon's stock shot higher in its first day of trading as a public company on Friday, with shares jumping 43 percent. The Chicago-based daily deals company's shares opened at $20 per share and quickly rose $7.71 to $27.71. It is trading on the Nasdaq under the ticker GRPN. Groupon Chief Executive Andrew Mason was in New York to ring the Nasdaq opening bell on Friday. He also posted a short message on the company's official blog that contained no trace of the quirky humor or references to cats that have marked his other correspondenc Still, the report suggests that President Barack Obama will likely face voters with the highest unemployment rate of any post-war president. The Labor Department said the economy added 80,000 jobs in October. It was the fewest in four months and below September's revised total of 158,000. The government revised August and September's data to show 102,000 more jobs added. Even so, October's modest job growth is barely enough to keep pace with population growth. About twice as many are needed to lower the unemployment rate. Many employers are hesitant to step up hiring until they see steady demand from consumers. Healthier consumer spending was the key reason the economy expanded at an annual pace of 2.5 percent in the July-September quarter, the best quarterly growth in a year. Growth in consumer spending tripled from the spring, despite renewed recession fears and wide fluctuations in the stock market. But economists worry that the summer spending gains can't be sustained. For one thing, Americans spent more in the third quarter even though they earned less. And they used their savings to make up the difference. Without more jobs and higher wages, consumers are likely to pare spending in the months ahead. Consumer spending is important because it accounts for 70 percent of economic activity. The economy generated an average of 130,000 jobs per month in the third quarter, up from 97,000 in the preceding three months. Still, that's down from 166,000 in the first three months of this year. The biggest change was August. Initially, the government said employers added zero net jobs that month. It has since been revised twice to show 104,000 jobs added. A raft of data Thursday offered a mixed picture for the economy and hiring. The number of people applying for unemployment benefits dropped below 400,000 for only the third time this year, the government said. Still, applications would need to fall below 375,000 to signal sustained job gains. They haven't been at that level since February. Services companies, which employ about 90 percent of the work force, hired more in October after cutting jobs in the previous month, according to a survey by the Institute for Supply Management. Overall growth for the service sector was mostly unchanged from September's slow pace. Companies ordered more factory goods in September for a third straight month. The gain occurred largely because businesses spent more on industrial machinery, computers and software. It's a sign that in the sluggish economy, many companies are investing in equipment but not in new hires. Businesses are getting more out their existing work forces while paying less to employ them. Worker productivity rose in the July-September quarter by the most in a year and a half. At the same time, labor costs fell. Higher productivity is generally a good thing. It can raise standards of living by enabling companies to pay workers more without raising their prices and increasing inflation. But without strong and sustained customer demand, companies are unlikely to hire. Federal Reserve Chairman Ben Bernanke said Wednesday that growth is likely to be "frustratingly slow," after the Fed sharply lowered its economic projections for the next two years. The Fed now says the economy will likely expand no more than 1.7 percent for all of 2011. That's down from its June forecast of 2.7 percent to 2.9 percent. And it predicted growth of only 2.5 percent to 2.9 percent next year, nearly a percentage point lower than its June estimate. The Fed said it doesn't expect the unemployment rate to be any lower this year. And it sees unemployment averaging 8.6 percent by the end of next year. Jon Corzine has resigned as MF Global Holdings Ltd's chairman and chief executive, four days after the futures brokerage filed for bankruptcy protection, culminating a rapid downfall for one of Wall Street's best-known executives.Corzine, 64, had run Goldman Sachs & Co from 1994 to early 1999, and was later a U.S. senator from New Jersey and governor of that state.MF Global, a company that Corzine joined in March 2010 and had once joked was viewed as "too small to care about," had been his ticket back to Wall Street.Corzine's departure came after MF Global's $6.3 billion bet on sovereign debt from Belgium, Ireland, Italy, Portugal and Spain scared away clients, counterparties and investors.The New York-based company's decline accelerated last week after it revealed more details about this exposure, posted a larger-than-expected quarterly loss, and was downgraded by major credit rating agencies to "junk" status.U.S. regulators, meanwhile, are conducting a broad review of the company's business as they try to track down more than $600 million of missing customer money.It is unclear how Corzine's resignation might affect the various investigations. Neither MF Global nor Corzine has been accused of wrongdoing.‘GREAT SADNESS'](http://www.chicagotribune.com/media/thumbnails/story/2012-01/65871016-09092629.jpg "1>banner of the year <a href="/ct-trav-0925-camping-wisconsin-20110925,0,1391191.story\">who is </a> 2> 3> <img height=\"105\" width=\"187\" src=\"http://www.baltimoresun.com/media/thumbnails/photo/2011-10/210821800-25140619.jpg\" /> 4><iframe width=\"560\" height=\"349\" src=\"http://www.youtube.com/embed/pChzOaIeyxY\" frameborder=\"0\"></iframe> 5><object width=\"560\" height=\"315\"><param name=\"movie\" value=\"http://www.youtube.com/v/_BI0szjpxJs?version=3&hl=en_US\"></param><param name=\"allowFullScreen\" value=\"true\"></param><param name=\"allowscriptaccess\" value=\"always\"></param><embed src=\"http://www.youtube.com/v/_BI0szjpxJs?version=3&hl=en_US\" type=\"application/x-shockwave-flash\" width=\"560\" height=\"315\" allowscriptaccess=\"always\" allowfullscreen=\"true\"></embed></object> Groupon's stock shot higher in its first day of trading as a public company on Friday, with shares jumping 43 percent. The Chicago-based daily deals company's shares opened at $20 per share and quickly rose $7.71 to $27.71. It is trading on the Nasdaq under the ticker GRPN. Groupon Chief Executive Andrew Mason was in New York to ring the Nasdaq opening bell on Friday. He also posted a short message on the company's official blog that contained no trace of the quirky humor or references to cats that have marked his other correspondenc Still, the report suggests that President Barack Obama will likely face voters with the highest unemployment rate of any post-war president. The Labor Department said the economy added 80,000 jobs in October. It was the fewest in four months and below September's revised total of 158,000. The government revised August and September's data to show 102,000 more jobs added. Even so, October's modest job growth is barely enough to keep pace with population growth. About twice as many are needed to lower the unemployment rate. Many employers are hesitant to step up hiring until they see steady demand from consumers. Healthier consumer spending was the key reason the economy expanded at an annual pace of 2.5 percent in the July-September quarter, the best quarterly growth in a year. Growth in consumer spending tripled from the spring, despite renewed recession fears and wide fluctuations in the stock market. But economists worry that the summer spending gains can't be sustained. For one thing, Americans spent more in the third quarter even though they earned less. And they used their savings to make up the difference. Without more jobs and higher wages, consumers are likely to pare spending in the months ahead. Consumer spending is important because it accounts for 70 percent of economic activity. The economy generated an average of 130,000 jobs per month in the third quarter, up from 97,000 in the preceding three months. Still, that's down from 166,000 in the first three months of this year. The biggest change was August. Initially, the government said employers added zero net jobs that month. It has since been revised twice to show 104,000 jobs added. A raft of data Thursday offered a mixed picture for the economy and hiring. The number of people applying for unemployment benefits dropped below 400,000 for only the third time this year, the government said. Still, applications would need to fall below 375,000 to signal sustained job gains. They haven't been at that level since February. Services companies, which employ about 90 percent of the work force, hired more in October after cutting jobs in the previous month, according to a survey by the Institute for Supply Management. Overall growth for the service sector was mostly unchanged from September's slow pace. Companies ordered more factory goods in September for a third straight month. The gain occurred largely because businesses spent more on industrial machinery, computers and software. It's a sign that in the sluggish economy, many companies are investing in equipment but not in new hires. Businesses are getting more out their existing work forces while paying less to employ them. Worker productivity rose in the July-September quarter by the most in a year and a half. At the same time, labor costs fell. Higher productivity is generally a good thing. It can raise standards of living by enabling companies to pay workers more without raising their prices and increasing inflation. But without strong and sustained customer demand, companies are unlikely to hire. Federal Reserve Chairman Ben Bernanke said Wednesday that growth is likely to be \"frustratingly slow,\" after the Fed sharply lowered its economic projections for the next two years. The Fed now says the economy will likely expand no more than 1.7 percent for all of 2011. That's down from its June forecast of 2.7 percent to 2.9 percent. And it predicted growth of only 2.5 percent to 2.9 percent next year, nearly a percentage point lower than its June estimate. The Fed said it doesn't expect the unemployment rate to be any lower this year. And it sees unemployment averaging 8.6 percent by the end of next year. Jon Corzine has resigned as MF Global Holdings Ltd's chairman and chief executive, four days after the futures brokerage filed for bankruptcy protection, culminating a rapid downfall for one of Wall Street's best-known executives.Corzine, 64, had run Goldman Sachs & Co from 1994 to early 1999, and was later a U.S. senator from New Jersey and governor of that state.MF Global, a company that Corzine joined in March 2010 and had once joked was viewed as \"too small to care about,\" had been his ticket back to Wall Street.Corzine's departure came after MF Global's $6.3 billion bet on sovereign debt from Belgium, Ireland, Italy, Portugal and Spain scared away clients, counterparties and investors.The New York-based company's decline accelerated last week after it revealed more details about this exposure, posted a larger-than-expected quarterly loss, and was downgraded by major credit rating agencies to \"junk\" status.U.S. regulators, meanwhile, are conducting a broad review of the company's business as they try to track down more than $600 million of missing customer money.It is unclear how Corzine's resignation might affect the various investigations. Neither MF Global nor Corzine has been accused of wrongdoing.‘GREAT SADNESS'")
1>banner of the year who is 2> 3> 4> 5> Groupon's stock shot higher in its first day of trading as a public company on Friday, with shares jumping 43 percent. The Chicago-based daily deals company's shares opened at $20 per share and quickly rose $7.71 to...Tags: Elections, Unemployment Benefits, Credit and Debt, Consumers, Barack Obama
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What to watch for on election day 2011
Washington BureauThe Big One is still 52 weeks away, but the results from a host of local elections today may offer fresh clues about the state of play in politics just as the presidential nominating process is set to begin. At stake on this "off-year" general election...Tags: Iowa Legislature, Minority Groups, Elections, Haley Barbour, Government
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Christie Gives NJ Marijuana Law Green Light
PIX11.COMNew Jersey Governor Chris Christie says he will allow the state’s medical marijuana law to move forward after it was legalized by former Gov. Jon Corzine last year. According to Christie, he will move forward with the law despite initial concerns that...Tags: Lawyers, Crimes, Health Treatments, Elections, Judges
Jan 12, 2012
|Story| Aberdeen News
Jan 25, 2012
|Story| Aberdeen News
Jan 27, 2012
|Story| Aberdeen News
Jan 10, 2012
|Story| Los Angeles Times
Feb 1, 2012
|Story| Petoskey News
Feb 1, 2012
|Story| Petoskey News
Jan 1, 2012
|Story| WPIX-LTV
Jan 31, 2012
|Story| Los Angeles Times
Dec 21, 2011
|Story| Baltimore Sun
Nov 4, 2011
|Story| Herald Mail
Nov 8, 2011
|Story| Los Angeles Times
Jul 20, 2011
|Story| WPIX-LTV
Original site for Jon Corzine topic gallery.
