Barry Kaplan News
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Oscar Gruss & Son Inc., the New York brokerage that traces its origins to Poland almost a century ago, will sell itself for a “nominal” price to two employees as trading slows, Chief Executive Officer Michael Shaoul said.
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Rochdale Securities LLC, the brokerage struggling to survive and keep its staff after an unapproved $1 billion trade in Apple Inc. soured, lost three more traders to competitors.
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Dick Bove, the bank analyst whose brokerage, Rochdale Securities LLC, is struggling to survive after an unauthorized $1 billion Apple Inc. trade, said he’s been interviewing for a new job.
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A simple blood test may be able to tell patients if they’re in imminent danger of having a heart attack, a new study suggests.
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Three former executives of Washington Mutual Inc. will together pay $400,000 out of pocket as part of a $64 million settlement with the Federal Deposit Insurance Corp. over the largest U.S. bank failure, according to a person briefed on the matter.
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Ex-Washington Mutual Inc. Chief Executive Officer Kerry Killinger and two other former bank officials ended talks with the Federal Deposit Insurance Corp. on settling a lawsuit, a lawyer said.
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Washington Mutual Inc., once the largest U.S. thrift, rewarded bankers for overcharging customers on subprime mortgages and selling the worst-performing loans to investors, a U.S. Senate panel concluded.
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Investors in Washington Mutual Inc. , the former owner of the biggest U.S. bank to fail, reached a settlement in a group lawsuit over the bank’s lending practices, according to a court filing.
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Ex-Washington Mutual Inc. Chief Executive Officer Kerry Killinger and two other former bank officials ended talks with the Federal Deposit Insurance Corp. on settling a lawsuit, a lawyer said.
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