Highlights
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US judge revives Dexia lawsuit vs JPMorgan over mortgage claims
Reuters* Judge says lacked jurisdiction to hear case * 99 pct of potential $774 mln damages had been tossed * Dexia lawsuit returned to NY state court where it began May 17 (Reuters) - A federal judge has revived a closely watched lawsuit accusing JPMorgan...Tags: Manhattan (New York City), Crime, Law and Justice, Mortgages, Justice System, Judges
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Judge revives Dexia's mortgage lawsuit vs. JPMorgan
Reuters(Reuters) - A federal judge has revived a closely watched lawsuit accusing JPMorgan Chase & Co of misleading Belgian-French bank Dexia SA into buying more than $1.6 billion of troubled mortgage debt. Citing a recent federal appeals court decision...Tags: Banking, Litigation, Jamie Dimon, Manhattan (New York City), JPMorgan Chase & Co.
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Marion Sandler dies at 81; World Savings Bank executive
As one of the first women to hold a position of power on Wall Street, Marion O. Sandler was notable even before she and her husband, Herbert, spent 43 years building Oakland's World Savings Bank into such a major — and ultimately controversial...Tags: Migraine, Health, Lorne Michaels, Asthma, Wachovia Corp.
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3 WaMu execs agree to settle FDIC suit for up to $64 million
LOS ANGELES TIMESThree executives who led high-risk home lender Washington Mutual Bank as it skidded toward the biggest bank failure in U.S. history have agreed to settle a government lawsuit for as much as $64 million — far from the $900 million the Federal Deposit...Tags: Federal Deposit Insurance Corporation, Finance, Economy, Business and Finance, JPMorgan Chase & Co., Bankruptcy
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Chase branch expansion continues as BofA scales back
Money & CompanyJPMorgan Chase & Co. is pressing ahead with an expansion of its California branch network even as Bank of America Corp. plans to close some less profitable offices. The Chase Bank parent is saying that it intends to open about...... -
SEC files fraud lawsuit against three former IndyMac executives [Updated]
Money & CompanyTargeting executives of the housing boom's biggest stated-income lender, the Securities and Exchange Commission has accused former IndyMac Bancorp Chief Executive Michael W. Perry and two former chief financial officers of defrauding investors at the... -
GM Files for Chapter 11 Bankruptcy
Fox59.comGeneral Motors filed for Chapter 11 bankruptcy protection Monday as part of the Obama administration's plan to shrink the automaker to a sustainable size and give a majority ownership stake to the federal government. GM's bankruptcy filing is the fourth-...Tags: Science and Technology, Health, History, Financially Distressed Companies, Carl Levin
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Report: Chase worst by far at finalizing loan modifications
Money & CompanyIn an eye-catching report Wednesday, the nonprofit news outfit ProPublica said 97,000 homeowners have been stuck in trial loan modifications for more than six months under the government's anti-foreclosure program, which was supposed to generate permanent... -
Downers Grove: A makeover in progress
Special to the Chicago TribuneAfter losing out on several Lincoln Park condominiums to higher bidders in 1993, Matt and Janet Fosket started looking in the western suburbs for an affordable place that would be close to his job in Northlake and along a commuter train line so she...Tags: Hub Group Incorporated, Trips and Vacations, Real Estate Buyers, Chicago Real Estate, Downers Grove
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The week ahead
Chicago TribuneMonday: -- Earnings: Commerce Bancorp Inc.; Eaton Corp.; W.W. Grainger Inc.; Marshall & Ilsley Corp.; Mattel Inc.; Pharmaceutical Product Development Inc.; Sonic Corp.; Wachovia Corp. Tuesday: -- September producer price index -- September industrial...Tags: Unions, Linear Technology Corporation, Wachovia Corp., Yahoo! Inc., Motorola, Inc.
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Greenpoint Mortgage cutting 61, closing office
Heads continue to roll at mortgage companies in town, with the number of Chicago-area employees getting pink slips over the past six months surpassing 1,200. Greenpoint Mortgage Funding Inc. , a unit of Capital One Financial Corp., has alerted the...Tags: LaSalle Bank, Itasca, Mortgages, Corus Group Plc, Bank of America Corp.
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Reuters
Jun 5, 2012
|Story| Los Angeles Times
Dec 13, 2011
|Story| Los Angeles Times
Apr 5, 2011
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Feb 11, 2011
| Los Angeles Times
Jun 1, 2009
|Story| WXIN-LTV
Feb 24, 2010
| Los Angeles Times
Aug 1, 2008
|Story| Chicago Tribune
Oct 15, 2006
|Story| Chicago Tribune
Sep 16, 2007
|Story| Tribune Media Services
Oct 12, 2007
|Story| Chicago Tribune
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