Washington, D.C. – In a press release from the Securities and Exchange Commission, the agency charged Daimler AG with “violations of the Foreign Corrupt Practices Act (FCPA)”. The SEC says that Daimler has bribed officials in multiple countries in an attempt to gain business.
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Manhattan, New York – Earlier today, the Federal Bureau of Investigation, along with five other government agencies, announced the arrest of Charles J. Antonucci, Senior, ex-CEO of Park Avenue Bank. Authorities say that Antonucci made fraudulent claims in an attempt to receive federal bailout funds from the Troubled Asset Relief Program (TARP). Antonucci is the first person ever charged with TARP Fraud.
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Santa Ana, CA – On March 9, 2010, special agents for the Federal Bureau of Investigation arrested a California man and his girlfriend for allegedly running a Ponzi scheme that defrauded 60 people out of $8 million.
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Well, it’s tax time again and, if you’re one of those fortunate enough to get a refund, you’ll likely want to get your money as quickly as possible. Like most of us, you could probably use it right about now. But, before you head off to the local office of your favorite nationally branded tax service, you might want to consider being just a little bit patient this year.
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So, the big Wall street banks are paying out some of their biggest bonuses ever, which explains why they were in such a hurry to repay the TARP money. Now the President is considering levying a tax on some of these institutions to attempt to recoup some more of the taxpayer funds. Naturally, this has [...]
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Bank of America, currently the subject of an official SEC inquiry, will have to answer yet another charge relating to the merger with Merrill Lynch.
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Bloomberg, the respected New York reporting site, is in a court struggle with the Federal Reserve over details of the 2008 bailout program. Bloomberg’s parent company has been fighting for more than two years to get full disclosure of the banks and corporations that would have failed were it not for the trillion-dollar financial program.
So, another Black Friday has come and gone. The retail sector is now hoping that online sales on Cyber Monday today will boost profits. Among the sites offering bargains are…
One year in and the TARP money just keeps on rolling.
If you’ve been on the fence about whether health care reform is needed, this just might push you over the edge.
Unemployed Americans and America’s Middle Class Face Certain Abandonment | Unemployment Extensions to Become Extinct
President Obama to Americans Operation Iraqi Freedom Combat Mission Has Ended
Dawn Gibbons 3 Term Republican Assemblywoman | Endorses Senator Harry Reid for 5th Term
President Obama to GOP Stop Blocking the Nation’s Economic Progress
The Iraq War | A Republican Battle Lost
GOP Congressional Control Would Open Door For Yucca Mountain Nuclear Disaster
