VOL. 124 | NO. 51 | Monday, March 16, 2009
As commercial lenders scale back on financing options or disappear altogether because of the anemic economy and credit crunch, a Chicago-based company is setting up shop in Memphis with hopes of filling those voids.
Thomas Sjoblom, an attorney at the international law firm Proskauer Rose LLP, walked into the office of a female Stanford Financial Group executive in Miami after a tense series of private meetings earlier on a February day with Stanford’s top brass.
WASHINGTON (AP) – The U.S. trade deficit plunged in January to the lowest level in six years as a deepening recession cut demand for imported goods at an even faster rate than for exports.
NEW YORK (AP) – With Bernard Madoff behind bars, investigators have their work cut out for them in identifying who else may have been involved in his nearly $65 billion scam.
Fred Spikner made his signature into a brand.
KINGSPORT, Tenn. (AP) - A Republican staffer in the Tennessee House pleaded no contest Friday to a criminal charge stemming from his operation of fake political Web sites in the name of a Democratic incumbent.
WASHINGTON (AP) - Disagreement among Senate Democrats over how many struggling homeowners should qualify for court-ordered mortgage relief has stalled a key part of President Barack Obama's foreclosure prevention plan on Capitol Hill.
NEW YORK (AP) - A judge said Friday he will decide within a week whether Bank of America Corp. has to turn over a list of performance bonuses given to the 200 highest paid employees of Merrill Lynch & Co.
NEW YORK (AP) - Citigroup Inc. will likely nominate two former bank chief executives and two other financial experts to be directors as part of a shuffling of the embattled bank's board, according to a media report.
NASHVILLE, Tenn. (AP) - The State Building Commission has approved $70 million in infrastructure projects related to the new Volkswagen AG plant being built in Chattanooga.