Randy Neugebauer News
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The head of the U.S. Federal Housing Administration downplayed a coming budget estimate that is expected to show the agency will need taxpayer aid for the first time since it was founded in the 1930s.
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More than 100 U.S. airport towers and radar rooms have so few flights that they should be shut down late at night under the government’s own guidelines, a move that would save taxpayers $10 million a year.
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Representative Randy Neugebauer is seeking more information from the Federal Reserve Bank of New York on its communications with banks that are involved in setting the London interbank offered rate.
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MF Global Holdings Ltd. collapsed last year because of mistakes made by former chairman and chief executive officer Jon S. Corzine, U.S. House Republicans said in a report on the futures brokerage’s path to bankruptcy.
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MF Global Holdings Ltd. collapsed last year because of mistakes made by former chairman and chief executive officer Jon S. Corzine, U.S. House Republicans said in a report on the futures brokerage’s path to bankruptcy.
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Representative Randy Neugebauer is seeking more information from the Federal Reserve Bank of New York on its communications with banks that are involved in setting the London interbank offered rate.
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Spain and Italy reinstated a short- sale ban on stocks as bank shares plunged to record lows, bond yields rose and the euro traded below its lifetime average against the dollar on concern the debt crisis is growing.
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The Federal Reserve Bank of New York was given more time to comply with a congressional request for information about staff communications with banks involved in setting the London interbank offered rate.
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A U.S. House investigations subcommittee ended a third hearing into the collapse of MF Global Holdings Ltd. with the same problem they had four months ago: No answers from the woman said to have the most information about what happened to $1.6 billion in missing client money.
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HSBC Holdings Plc, Europe’s biggest bank, said its Mexican unit paid a $27.5 million fine to the nation’s regulators for non-compliance with money-laundering systems and controls.
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