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Maxine Waters reaches out to big banks and Wall Street
Oct 15, 2012 -
(POLITICO), Maxine Waters and big banks are rarely on the same page. But as the California congresswoman prepares to become the top Democrat on the House Financial Services panel, she is engaging in an aggressive outreach effort with some of the very institutions that she has heavily criticized for ...
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Space shuttle Endeavour celebrated at Forum
Oct 13, 2012 -
(L.A. Times), Thousands of people flocked to the Forum in Inglewood on Saturday to join local dignitaries cheering Endeavour at its first public party en route to Exposition Park. With the retired orbiter parked on Manchester Boulevard, the Inglewood High School marching band warmed up the crowd bef...
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Former California lawmaker, US Rep. Mervyn Dymally dies
Oct 7, 2012 -
(KPCC), Mervyn Dymally, the former California assemblyman, senator and lieutenant governor who also served in Congress for more than a decade, has died. A former press secretary for the Democratic lawmaker said Dymally died Sunday in Los Angeles. He was 86. Jasmine Cannick said Dymally's health had ...
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Knight Has ‘All Hands on Deck’ to Deal With $440 Million Bug
Aug 2, 2012 -
Whitney Kisling, ©2012 Bloomberg News Published 01:28 p.m., Thursday, August 2, 2012 (Updates throughout with more details, comments.) Aug. 2 (Bloomberg) -- Knight Capital Group Inc. has “all hands on deck” and is in close contact with creditors, clients and counterparties as it tries to weather tra...
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House seeks to fund SEC adviser exams with new fees
Jul 25, 2012 -
By Suzanne Barlyn July 25 | Wed Jul 25, 2012 1:22pm EDT (Reuters) - U.S. House lawmakers on Wednesday introduced legislation that would require certain investment advisers pay fees to help fund adviser examinations conducted by regulators. Representative Maxine Waters from California, the second-ran...
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Recent spate of financial scandals raises ire in Washington
Jul 10, 2012 -
WASHINGTON, July 10 (Reuters) - A fresh burst of scandals, including allegations that major banks tried to manipulate global benchmark interest rates and another case of missing customer funds at a futures brokerage, has raised Washington's ire on both sides of the political aisle. One leading Repub...
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Wall Street should stop trying to gut financial reform
May 21, 2012 -
The Hill Wall Street should stop trying to gut financial reform By Rep. Maxine Waters (D-Calif.) - 05/21/12 01:22 PM ET Recently on Meet the Press, Jamie Dimon, the CEO of JPMorgan Chase, lamented that his company’s then-$2 billion trading loss (which has since swelled to at least $3 billion) would...
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Corporate settlement policy unlikely to be changed by Congress
May 17, 2012 -
Corporate settlement policy unlikely to be changed by Congress 5/17/2012 COMMENTS (0) WASHINGTON, May 17 (Reuters) - U.S. lawmakers showed little support on Thursday for tinkering with a regulatory policy of settling cases without requiring defendants to admit to misconduct. U.S. District Judge Jed ...
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