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Entries by Harry Bradford from 08/2012

Timothy Geithner: Congress Can 'Make Growth Stronger' In 'Near Term'

Posted 08.01.2012 | Business

* EU leaders committed, have the means to resolve crisis - Geithner * U.S Congress must also do more to boost growth - Geithner ...

Europe Youth Unemployment: Most Talented, Ambitious Seek Opportunity Abroad

Posted 08.01.2012 | Business

MADRID (AP) — Santiago Oviedo, a lanky 24-year-old from Madrid, is on track to get his master's in physics in October — a crucial milestone in his...

MF Global Customers Will Get All Their Money Back, Trustee Says

Posted 08.01.2012 | Business

* MF Global trustee gives hope to customers who lost money * Freeh to testify before Senate Agriculture Committee By Jon...

New York Stock Exchange's 'Weird' Glitch Causes Volatility; Some Trading Halted

Posted 08.01.2012 | Business

* Huge volume in small stocks roils markets * Knight cites "technology issue" in market-making unit * Knight's stock plu...

Toni Searcy Told To Pay Northern Van Lines Moving Company $3,365 To Get Husband's Ashes Back

Posted 08.01.2012 | Business

After losing her husband of 40 years, Toni Searcy couldn’t bear living in the same house she’d made a lifetime of memories in. But initiating her ...

Private Prison Companies Make Big Money Off Detaining Undocumented Immigrants

Posted 08.02.2012 | Business

MIAMI (AP) — In a story Aug. 2, The Associated Press reported that three private prison companies in the U.S. have spent at least $45 million on cam...

Chick-Fil-A And Other Brands That Have Become Ideological Battlefields

Posted 08.02.2012 | Business

A national debate is currently raging. Not over the merits of a war, the fairness of a national election or the scandal of a highly publicized celebri...

GM Earnings Q2 2012: Profits Fall 41 Percent On Europe, South America Losses

Posted 08.02.2012 | Business

DETROIT (AP) — The engine that powers General Motors is running rough. And if the company doesn't tune it up soon, GM's comeback from bankruptcy is ...

Knight Capital Group Seeks Cash Infusion After Glitch Forces $440 Million Loss

Posted 08.02.2012 | Business

(Corrects third paragraph to say stock hit a 13-year low, not all-time low) * Knight CEO says firm has excess capital *...

Bank Of America, Fannie Mae Trying To Resolve Dispute Over Bad Mortgages

Posted 08.02.2012 | Business

* Talks constructive, but settlement not imminent * Bank, Fannie fighting over requests to buy back soured mortgages * ...

Anthony Scolaro, Ex-Diamondback Hedge Fund Manager, Avoids Jail Time For Insider Trading

Posted 08.02.2012 | Business

By Basil Katz NEW YORK, Aug 2 (Reuters) - A U.S. judge on Thursday sentenced a former portfolio manager at the Diamond...

RBS Fires Employees Over Libor Scandal As Profits Drop: Report

Posted 08.03.2012 | Business

* Under investigation in US, UK, Japan, Europe and Canada * RBS says it can't measure likely level of fines * CEO says i...

Clive Palmer, Australian Billionaire, Denies Plans For Real-Life Jurassic Park

Posted 08.03.2012 | Business

Rumors are running wild that a real-life Jurassic Park is in the works, but after the man behind the project has denied the claims, only one question ...

Money Laundering Banks Should Be Put Out Of Business

Posted 08.03.2012 | Business

Bloomberg View: To grow up in South Florida during the 1970s and 1980s, as I did, wasn’t your typical American childhood experience. Back then th...

Hunt For Russell Wasendorf Sr.'s Assets Turns Up Pool, Wine Collection, Few Flashy Possessions

Posted 08.06.2012 | Business

By Ann Saphir CHICAGO, Aug 6 (Reuters) - The hunt for the assets of Peregrine Financial Group CEO Russell Wasendorf Sr. has yielded a...

Knight Capital Group Rescued By $400 Million Investor Cash Infusion

Posted 08.06.2012 | Business

* Investors get 70 percent-plus in company * Analyst says company likely to be broken up * CEO: Too soon to say if firm ...

Eurozone Crisis Debate 'Tone Is Very Dangerous,' German Foreign Minister Guido Westerelle Says

Posted 08.06.2012 | Business

BERLIN — Europe's politicians are being told to watch their language when it comes to debating the future of the single currency. Germany's for...

Italian PM Mario Monti: Eurozone Tensions Show 'Psychological Dissolution Of Europe'

Posted 08.06.2012 | Business

BERLIN -- Italy's prime minister has warned that the eurozone's sprawling debt crisis has created resentment amid the bloc's nations, which could ulti...

Ben Bernanke: Americans 'Continue To Struggle,' Despite Improvements

Posted 08.06.2012 | Business

WASHINGTON, Aug 6 (Reuters) - Federal Reserve Chairman Ben Bernanke said on Monday that although broad measurements of the economy point to recovery...

Occupy Frankfurt Camp Broken Up By German Police

Posted 08.06.2012 | Business

FRANKFURT, Germany — German police on Monday carried out a court order to remove anti-capitalist protesters from an Occupy Frankfurt camp set up...

Russell Wasendorf Sr., Ex-Peregrine CEO, Will Have $6.9 Million Life Insurance Plan, Private Jet Cashed In

Posted 08.06.2012 | Business

* CEO's receiver seeks to unload insurance policies, plane * One policy has cash surrender value of about $1.3 million *...

U.S. State Budgets Face 'Slow And Uneven' Recovery With 'Considerable Challenges'

Posted 08.07.2012 | Business

Aug 7 (Reuters) - Their revenues are improving and their budget shortfalls are disappearing, but U.S. states face both domestic and international ec...

Cheaters Get 'High' From Breaking The Rules: Study

Posted 08.07.2012 | Business

Forget about the notion of a guilty conscience. Cheating actually feels good, according to a new study. Breaking the rules dishonestly doesn't resu...

Papa John's Pizza To Raise Prices Because Of Obamacare, CEO John Schnatter Says (CORRECTED)

Posted 08.07.2012 | Business

After President Obama's health care law takes full effect, the slogan for national pizza chain Papa John's may need an update. Instead of, “Better i...

Papa John's Pizza To Raise Prices Because Of Obamacare, CEO John Schnatter Says

Posted 08.07.2012 | AOL

After President Obama's health care law takes full effect, the slogan for national pizza chain Papa John's may need an update. Instead of, "Better ing...