Having trouble viewing this newsletter?
click here | |
 | SAN FRANCISCO (UPI) -- A federal judge in San Francisco called a fraud case against Canadian military supplier Newcon International weak and has acquitted the company.
U.S. District Judge Marilyn Hall Patel scolded the U.S. Justice Department for pursuing the case with "several years of criminal proceedings notwithstanding the paucity of evidence." She also said prosecutors, who filed charges in December 2007, had switched tactics during the nine-day trial, depriving Newcon of the ...
Continue Reading... Post a Comment | Share | Print AUBURN HILLS, Mich. (UPI) -- U.S. automaker Chrysler said its new chief executive officer, Sergio Marchionne, was given stock instead of a paycheck in 2010.
The CEO was given 361,446 shares in the company, but no cash payment, the company said in a filing with the U.S. Securities and Exchange Commission, the Detroit Free Press reported Saturday.
Marchionne was not without some pocket change, however. He also heads Italian car company Fiat, which paid him $4.8 million last ...
Continue Reading... Post a Comment | Share | Print WASHINGTON (UPI) -- U.S. and state officials are still debating possible settlements in the national foreclosure scandal, a spokesman for Iowa's attorney general said.
"We've finalized nothing, and we're still working on some very complicated issues," said Geoff Greenwood, a spokesman for state Attorney General Tom Miller, who is leading a challenge by all 50 states that alleges banks used fraudulent processing to foreclose on homes, the Los Angeles Times reported Saturday.
Continue Reading... Post a Comment | Share | Print | | Advertisement | LONDON (UPI) -- A research firm in Britain found banks had tightened refinancing terms to the point where borrowers need at least 15 percent down to get a new loan.
A survey done by e.surv found 42 percent of mortgage refinancing included deals were borrowers had at least 40 percent equity in their homes. Half of homeowners refinancing had at least 25 percent equity, up from 19 percent in August 2007, before the market soured, The Daily Telegraph reported Saturday.
By ...
Continue Reading... Post a Comment | Share | Print |  | | | More Headlines • Microsoft, Facebook tackle online privacy
• U.S. automakers ready for gas hikes
• Ford looking to retain Mercury owners
• Nasdaq mulls possible NYSE Euronext bid
• Groupon sets sights on $1B in revenue
| | | | | | | | | |
You are currently subscribed as ignoble.experiment@arconati.us.
To unsubscribe from this newsletter, please notify us here or visit https://www.arcamax.com/cgi-bin/custacct.
ArcaMax Publishing, Inc., 729 Thimble Shoals Blvd., Suite 1-B, Newport News, VA 23606 | FAX (757) 596-9731
Copyright © 2010 ArcaMax Publishing, Inc. All Rights Reserved.
Manage Subscriptions | Advertise | Contact Editor | FAQ/ Help
ArcaMax Publishing is the Leader in News and Entertainment by Email
ArcaMax.com (Family-Friendly News & Fun) BookDaily.com (Book Samples for Book Lovers) |
No comments:
Post a Comment
Keep a civil tongue.