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Newsroom Headlines

April 212010

  April 21, 2010 Judicial Conference Raises Concerns About Dodd Bill The Judicial Conference of the United States, the policy arm of the Federal judiciary, has written to Senate Judiciary Committee

April 202010

  April 20, 2010 Former Lehman Boss to Defend Accounting Moves The former chief executive of Lehman Brothers will tell House lawmakers at a hearing today that he has 'absolutely no recollection

April 192010

  April 19, 2010 SEC Probes Other Soured Mortgage Deals The Securities and Exchange Commission, after having hit Goldman Sachs Group Inc. with a civil fraud charge on Friday, is investigating whether

April 162010

  April 16, 2010 Commentary: Allow Bankruptcy Courts to Help Fight the Foreclosure Crisis Lawmakers should revive the fight to let troubled homeowners use bankruptcy court to avoid foreclosure

April 152010

  April 15, 2010 Defaults Rise in Loan Modification Program The number of homeowners who defaulted on their mortgages even after securing cheaper terms through the government's modification program

April 142010

  April 14, 2010 Bill Would Require Derivatives Trading to Occur on Exchanges Senate Agriculture Committee Chairman Blanche Lincoln (D-Ark.) said yesterday that she would propose legislation requiring

April 132010

  April 13, 2010 Bankruptcy Claim Trades Hit $2.89 Billion in March Trading platform operator SecondMarket reported yesterday that nearly $2.89 billion worth of U.S. bankruptcy claims changed hands in

April 122010

  April 12, 2010 U.S. Faults Regulators over Washington Mutual Failure A federal investigation has concluded that regulators failed for years to properly supervise the giant savings and loan

April 92010

  April 9, 2010 Los Angeles Faces Threat of Insolvency A bitter political dispute between Los Angeles' elected leaders and its powerful municipal utility threatens to push the city into insolvency as

April 82010

  April 8, 2010 GM Posts Big Loss but Sees 2010 Turnaround General Motors Co. yesterday reported a $4.3 billion loss for its first six months out of bankruptcy but the car maker envisions a turnaround