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Regulatory settlement stings TCF Bank more than many banks (Biz Journal)
TCF Bank will pay $10 million to settle Bank Secrecy Act deficiencies, the
Wayzata-based lender said. The bank said in a news release Friday afternoon —
the best time of the week to bury bad news — that the penalty is worth about 6
cents per share in the fourth quarter. Usually, the cost of settling even the
most serious transgressions with regulators costs banks only weeks or days
worth of profits. To wit: Bank of America CEO Brian Moynihan said the cost of
the $8.5 billion subprime mortgage…
Al Jazeera Comes To America (Andrew Sullivan)
After spurning Glenn Beck's advances, Al Gore and his partners sold Current TV
to Al Jazeera, giving the Qatar-based network a long-sought foothold in the
American television market. Alex Weprin explains the logic of the purchase: Al
Jazeera acquired Current...
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Brian, Male, 22
Hometown: NEW YORK YA DIG!!!!!! FAME (F.Y.B)
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Yung Man, Male
Hometown: BULL CITI
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$$$$$$$$D0nT pLay wiT mI MoneY$$$$$$$$, Male, 20
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