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Bernanke's Operation Twist sharpens year-end stimulus anxiety
The Federal Reserve oxtended its Operation Twist program to swap $267 billion in short-term securities with longer-term debt through December.Greenspan at times fumbles his economic forecasts
FINANCIAL MARKETS HAVE to quit hanging on Alan Greenspan's every word. That's because the former Federal Reserve chairman's economic forecasting skills aren't always right.A review of some important events in recent economic history-such as the dot-com implosion in 2000 or the 1990 recession-shows that Greenspan has had some big misses.Judge Finds Tobacco Settlement Bars Claims for Punitive Damages
A federal judge has ruled that New York's participation in the nationwide $208 billion settlement reached in 1998 between 46 states and the tobacco industry bars subsequent claims for punitive damages in smokers' damage actions in New York. The judge also rejected a design-defect theory that led to a $20 million verdict against two cigarette manufacturers in a separate 2005 state case. More than $17 million of that verdict stemmed from an award of punitive damages.Judge: Tobacco Settlement Bars Claims for Punitive Damages
A federal judge has ruled that New York's participation in the nationwide $208 billion settlement reached in 1998 between 46 states and the tobacco industry bars subsequent claims for punitive damages in smokers' damage actions in New York.Panel supports arbitration to resolve tobacco disputes
Employing broad language, the New York Appellate Division, First Department, handed tobacco companies a victory yesterday by ruling that disputes over reductions in their payments to the states under a $206 billion nationwide settlement must go to arbitration.More Than 1,100 Brave Humidity for Annual Bar Association Run
On May 15, about 1,500 people participated in the 32nd Annual Philadelphia Bar Association Charity Run, which benefits the Support Center for Child Advocates.Bank of America Settles Merrill Lynch Claims For Record $2.4 Billion
Bringing to a close the highest-profile lawsuit to emerge from the credit crisis, Bank of America Corp. has agreed to pay $2.43 billion to settle alleged federal securities law violations related to the acquisition of Merrill Lynch & Co. Inc. in 2009.Corporate Transparency Act Resource Kit
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Revenue, Profit, Cash: Managing Law Firms for Success
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Law Firm Operational Considerations for the Corporate Transparency Act
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