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Obama-fueled mortgages boost profit at biggest home lenders
Lenders are generating revenue as middlemen between government-controlled mortgage firms such as Fannie Mae and Freddie Mac, which provide about 90 percent of the funds to the housing market, and borrowers looking to take advantage of record-low interest rates.Lance Armstrong doping case may cost his foundation $10 Million
Armstrong's Livestrong has sold 80 million yellow bracelets to raise awareness of cancer and had $48.4 million in revenue and earnings in 2010. But if allegations against him prove true, he could lose 10 to 20 percent of that support.Law Profs Win $5 Million Defamation Verdict Against West
West Publishing was hit with a verdict of more than $5.1 million in a defamation suit brought by two law professors who claimed their reputations were damaged when West falsely identified them as the authors of a poorly researched treatise update.An Unfulfilled Promise of Open Government
In a range of cases involving U.S. records, there appears to be no agency withholding that DOJ lawyers won't defend.Apparent Obama victory makes major post-election legal challenges unlikely
President Barack Obama appeared to win a second term in the White House late November 6, sharply reducing the likelihood of any major post-election legal battles in key states like Florida, where the vote totals are so close it appeared a recount might be necessary.Impact Player of the Year: Fred Baron
He may not lay claim to the title, "King of Toxic Torts," and may not be running a stable of 480 employees as the founding partner of the highly successful Baron & Budd, but Fred Baron is still a force on the legal and political scene. Baron says his motives are the same as when he represented asbestos victims, only grander: To elect Democrats to help regulate corporate misconduct and to protect the civil justice system from being dismantled by conservative, pro-business Republicans.Trending Stories
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