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Banks resisting Fannie, Freddie demands to buy back mortgages
Fannie Mae and Freddie Mac are facing growing resistance as they attempt to push failed home loans off their books and onto the balance sheets of banks including Bank of America Corp. and JPMorgan Chase & Co.Delta reports $257 million 2Q loss
ATLANTA AP - Delta Air Lines Inc., the world's biggest airline operator, on Wednesday reported a double-digit drop in unit revenue during the second quarter as demand for air travel continued to slump, but it narrowed its net loss to $257 million from a year earlier when it accounted for big one-time items.The news followed hefty losses reported by Continental Airlines Inc.Tim Sweeney: OutnumberedBut RarelyOut-Lawyered
Bruce WilkinsonSpecial to the Daily ReportDan Graveline, the executive director of the World Congress Center, recalled a big meeting years ago when the WCC was planning to build the Georgia Dome. Each of the 12 banks financing the project was represented by three or four lawyers plus accountants and assistants. The WCC was represented solely by Timothy J.Samsung Galaxy SIII Ready for Law Firms
New smartphone may beat the iPhone in the legal industryDefendants agree to butt out of North Face parodies
The strange saga of a college student who launched parody brands of an outdoor clothing company appears to have come to a conclusion. The North Face and the makers of "South Butt" and "Butt Face" parody products have filed a joint consent judgment of contempt.Public-private partnership's financing may be trend-setter
Yosbel A. Ibarra said the Miami port tunnel project is one of the few public-private infrastructure partnership efforts of this size to make it through the planning stages in the U.S.BofA, JPMorgan say refund demands mount for post-bubble loans
Bank of America Corp. and JPMorgan Chase & Co. reported more demands from investors to repurchase faulty mortgages made after 2008, when the banks said they upgraded their standards to curb defaults.Sustaining the ethical law firm
Ethics have been and will be an integral part of law firm and corporate governance. The leadership sets the tone from the top down, basing it on the firm's culture and values. Consultant William Cobb discusses the key issues in establishing and maintaining a culture of ethical behavior through governance, leadership and strategic direction. "The key to long-term performance will depend upon a law firm's ability to transform itself," Cobb says.Trending Stories
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