Jon Corzine, a one-time wizard of the financial world, testified Thursday he doesn’t know where a billion dollars in investor funds went in the collapse of MF Global, the investment firm he ran until last month.
The question that ought to be on every American’s mind right now is: Why are crimes valued in billions being ‘punished’ with settlements or fines worth only millions?
TRENTON – Attorney General Paula T. Dow announced today a $58.75 million settlement between a multi-state task force and Wachovia Bank and its successor, Wells Fargo Bank, as part of an ongoing national investigation of alleged anti-competitive and fraudulent conduct in the municipal bond derivatives industry.
TRENTON – Legislation to investigate the potential taxpayer savings through countywide property assessment demonstration programs was advanced Thursday by a Senate panel.
Five months after its formation, the new federal agency tasked with safeguarding the financial interests of ordinary people is still without a director, meaning it cannot regulate the kinds of lenders that consumer groups say prey on the poor.
Couples who marry as young adults usually don’t bring a lot of financial baggage to the table. But what if you’re getting married in your 40s, 50s or later – after divorce, children and years of building assets have complicated your economic situation? Do you and your spouse-to-be have a game plan for how to comingle your finances?
TRENTON – Renewed legislation sponsored by Assembly Democrats to create the Back to Work NJ job creation and economic growth program was approved Monday by the Assembly.
NEW BRUNSWICK – Tomorrow evening, from 7-9 p.m. on Tuesday, Dec. 6, the New Jersey State Bar Foundation will present a free public seminar on “Buying and Selling a Home.” The event will be held at the New Jersey Law Center at One Constitution Square off Ryders Lane in New Brunswick.
If you wonder why the health insurance industry has to set up front groups and secretly funnel cash to industry-funded coalitions to influence public policy, take a look at the most recent results of the Kaiser Family Foundation’s monthly Health Tracking Poll.
Dave Esmay made a good life for his family as a construction superintendent in North Carolina, managing commercial projects worth $15 million to $30 million.