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Now, one of Europe's last banking dynasties is being stripped of its wealth and influence amid accounting irregularities, huge unreported debts, and a police investigation.
The airline industry is making more money after several difficult years during the recession.
Deceptive practices by Rome Finance Co., more recently doing business as Colfax Capital Corp. and Culver Capital LLC, based in California and Georgia, included failing to accurately disclose charges and interest rates, New York's Attorney General Eric Schneiderman said Tuesday.
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The recall covers the Verona from the 2004-2006 model years. It's an expansion of an earlier recall of the Forenza and Reno.
The West Virginia Democrat was sued earlier this month in Marion County Circuit Court in West Virginia by one of his brothers for allegedly failing to repay $1.7 million loaned several decades ago to keep a family business out of bankruptcy.
The software lets people receive and spend the increasingly popular digital currency Bitcoin.
This April 3, 2013 file photo shows bitcoin tokens in Sandy, Utah. The lack of regulation and high level of anonymity of Bitcoins may make the virtually currency "an attractive payment method for criminals," former finance minister Jim Flaherty was warned by senior officials in a recently declassified memo.
BioHealth and Bryman colleges closed their doors Monday, about a week after their parent company filed for Chapter 11 bankruptcy.
RPM will start funding the trust for current and future claimants with a $450 million cash payment and then make additional payments over the next few years until a total of $797.5 million in contributions is reached.
The single biggest cause of personal bankruptcy in the United States isn't job loss or irresponsible use of credit.
In a well-lit office with red window frames in downtown Bucharest, Romania's first bitcoin ATM attracts many who until it opened in May had to buy or sell the digital currency face-to-face or through wire transfers.
Kevyn Orr rode into Detroit on the wheels of a financial calamity and was given carte blanche by the governor to fix the financial mess while also fixing what caused it.
An uncompetitive financial services market and the expense of declaring bankruptcy are leading people into "problem debt", according to a report.
Jeanine Megis, with her husband Alex, and their three children, 8, 5, and 3, outside of their Sandy damaged Merrick home.
Updated: Wed Jul 30, 2014 02:34 am
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