William Ford News
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Neil Young, the rock singer who said he was prepared to brave “treacherous” venture capital markets to popularize his high-fidelity format for downloading music, raised $500,000 from an investment group last month.
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Federal Reserve Chairman Ben S. Bernanke avoided saying anything yesterday at his first press conference that shocked or confused investors. In other words, economists said, his appearance was a success.
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The new financial regulation law gives the Federal Reserve chairman the authority to force banks to raise capital and tighten lending -- just as he’s trying to steer monetary policy in the opposite direction.
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In November 2009, Senate Banking Committee Chairman Christopher Dodd advanced a radical proposal: to create a super-regulator that would take over most of the bank supervision that had been done by the Federal Reserve System, the Federal Deposit Insurance Corp. and other agencies.
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The Federal Reserve Bank of Kansas City said it has begun a search to replace bank president Thomas Hoenig , the U.S. central bank’s longest-serving policy maker, who is retiring Oct. 1.
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Michael Chapman, the owner of a building company with 20 employees in Santa Fe, New Mexico, has had trouble getting a bank loan and this month he let Kansas City Federal Reserve Bank President Thomas Hoenig know it.
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Mu Sigma, a company that helps businesses make decisions by analyzing data, attracted a $108 million investment, the largest round of private-equity financing in the analytic-services industry.
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Whenever the billionaires and millionaires of sports collide, flanked by seasoned masters of law and spin, the prevailing sentiment holds that there is no side for which to cheer.
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