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Defaulted Loans May Haunt Seniors (WallStreet Journal via Yahoo! Finance)
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Mon, 08 Mar 2010 17:05:41 GMT
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A little-noticed law could result in smaller Social Security checks for hundreds of thousands of seniors who owe the U.S. money from defaulted loans and other debts more than a decade old.
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Defaulted Loans May Haunt Seniors (WallStreet Journal via Yahoo! Finance)
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Mon, 08 Mar 2010 06:15:46 GMT
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A recent federal law lifted the 10-year statute of limitations on withholding Social Security payments on defaulted debt, adding $6 billion to delinquent debt owed Uncle Sam.
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Social Security checks may get smaller (KETK 56 Tyler)
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Wed, 10 Mar 2010 17:18:19 GMT
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A little–noticed law could soon result in smaller Social Security checks for hundreds of thousands of the elderly and disabled who owe the U.S. money from defaulted loans and other debts more than a decade old. Social Security benefits are off–limits to creditors, such as credit–card companies and banks. But the U.S. can collect debts to federal agencies by "offsetting," or withholding Social ...
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Scotiabank reports strong revenue growth and first quarter... (MalaysiaNews.net)
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Tue, 09 Mar 2010 13:56:32 GMT
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Targets: 1. Earn a return on equity (ROE)(1) of 16 to 20%. For the three months, Scotiabank earned an ROE of 17.4%. 2. Generate growth in earnings per common share (diluted) of 7 to 12%. Our year-...
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Scotiabank reports strong revenue growth and first quarter earnings of $988 million (PR Newswire via Yahoo! Finance)
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Tue, 09 Mar 2010 12:15:00 GMT
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First quarter financial measures compared to the same period a year ago: - Earnings per share (diluted) of $0.91, compared to $0.80 - Net income of $988 million, versus $842 million - Return on equity of 17.4%, compared to 16.2% - Productivity ratio of 50.5%, versus 58.7% Year-to-date performance versus our 2010 financial and operational objectives was as follows: Targets: 1. Earn a return on ...
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Should Iceland repay bank's debts? (BBC News)
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Sat, 06 Mar 2010 10:46:05 GMT
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Icelanders have voted against repaying debts from the failed bank. Is this right?
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Flaherty's pricey budget flight irks critics (CTV Toronto)
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Fri, 05 Mar 2010 13:23:33 GMT
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Finance Minister Jim Flaherty is facing the ire of opposition critics who say the minister isn't leading by example, after it was revealed that he used a private jet to sell his belt-tightening budget Friday.
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The News Hound (The Reader)
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Thu, 04 Mar 2010 20:38:20 GMT
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Nobel laureate launches Grameen Omaha Muhammad Yunus knows about humble beginnings. In 1976 the young economics professor at Chittagong University in Bangladesh gave $27 to a group of impoverished craftsmen. He never expected to get the money back, but he did.
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Stephanomics (BBC News)
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Wed, 03 Mar 2010 12:42:27 GMT
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Greece is a lot stronger than it looks
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Pa. Academy of Music founders don't want to lose $1M in assets (Lancaster Online)
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Wed, 03 Mar 2010 05:21:42 GMT
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Frances Veri was walking through the Pennsylvania Academy of Music's headquarters a few weeks ago when she noticed something missing.A $130,000 Bosendorfer piano."My heart stopped. I thought, 'Ohhhh, they took it,' " recalled Veri, who co-founded PAM with her husband, Michael Jamanis.Ver.
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