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Some want the 2012 election to be about regulating America's bedrooms. But it really ought to be about regulating the nation's boardrooms. The bedroom regulators are on the move. Republicans don't want same-sex marriage. Mitt Romney says he's against it,...
Speaking to hundreds of Baltimore's business leaders in Harbor East on Thursday morning, U.S. Treasury Secretary Timothy Geithner praised President Barack Obama's handling of the recession and outlined his boss' financial reform wish list, which...
Those who rely on mainstream media to tell them what's happening can be forgiven for coming to the same opinion as ex-Gov. Robert Ehrlich, who wrote in his recent column "Capitalism on trial" that the Occupy movement has disintegrated. While aggressive...
Ripley's Believe It or Not, one of the first of several new tenants opening for the summer tourist season at Harborplace in downtown Baltimore, will open Saturday in the Light Street Pavilion. Ripley Entertainment Inc. said exhibits at the Inner Harbor...
Finally, a spotlight will be shone on a widespread business practice that forces unhappy customers to settle disputes through binding arbitration — rather than by telling their story in court. The Consumer Financial Protection Bureau now is seeking...
A federal judge finalized on Thursday a landmark settlement that will bring nearly $1 billion in aid to Maryland homeowners who were victims of deceptive and illegal foreclosure practices. The settlement, for $25 billion in total, was first reached in...
Tags: Wachovia Corp., Douglas F. Gansler, Mortgages, Finance, Banking
Maryland Attorney General Douglas F. Gansler is right to sign on to the multi-state settlement with the nation's five largest banks over some aspects of the faulty procedures they used to foreclose on homes during the mortgage crisis. The state stands...
The number of Maryland homeowners behind on their mortgage payments but not yet in foreclosure inched downward in 2011, numbers released Thursday showed. It was the second consecutive year of improvement, but it wasn't enough to bring the state back to...
Tags: Lawyers, Real Estate, Mortgages, Prince George's County, Banking
Wells Fargo is notifying customers in emails that it will end its rewards on debit cards as of Oct. 8. No more racking up points for purchases. The bank blames regulatory changes as well as lower interchange fees it collects from retailers for...
Tags: Wells Fargo & Co.
You might not have paid attention to the fierce yearlong battle between merchants and banks over debit cards, but you'll likely notice last week's outcome in your wallet. The dispute was over the debit card interchange fee — the payment merchants...
Tags: Highlandtown, Maryland, Consumers, Federal Reserve, Banking
Reuters reports that Bank of America next year will start charging $5 a month for customers who use a debit card. And other banks, Reuters says, are expected to follow: "Wells Fargo & Co, JPMorgan Chase & Co and SunTrust Banks Inc are already testing or...
Maryland will share in a $75 million settlement that state attorneys general across the country negotiated with JPMorgan Chase & Co. to resolve allegations of bond derivative bid-rigging that defrauded states, counties and nonprofits, the state said...
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