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Peregrine Financial shakes futures industry
Jul 11, 2012
The allegations against brokerage firm Peregrine Financial shed light on weak regulations of the futures industry. Analysts point to MF Global missing funds similarities.
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Peregrine Financial bankruptcy spotlights weak regulation
Jul 11, 2012
Brokerage firm Peregrine Financial is liquidating amid allegations that it defrauded customers and lied to federal regulators.
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Life after bankruptcy for Vallejo, Calif.
Jun 28, 2012
As the city of Stockton, Calif., considers declaring bankruptcy, a nearby town proves that there is life after going bankrupt.
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Stockton: Largest U.S. city to declare bankruptcy
Jun 27, 2012
Stockton's Vice Mayor Kathy Miller has lived in the California city for 15 years. She talks about what the bankruptcy will mean for residents.
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Mayor of Stockton tries to avoid city bankruptcy
Jun 5, 2012
The city of Stockton, California, population 291,000 is trying to avoid becoming the biggest U.S. city to go bankrupt during this economic downturn.
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Letters: Real estate entaglements with family members
Jun 1, 2012
Tess is joined by senior producer Paddy Hirsch and credit expert Liz Weston to talk about credit utilization, bankruptcy amongst seniors, and the down side of buying real estate for your kids.
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Law firm Dewey & LeBoeuf files for bankruptcy
May 29, 2012
Dewey & LeBoeuf, one of the largest law firms in the country, filed for bankruptcy last night after months of financial turmoil and partner defections.
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History and pedigree do not guarantee survival for Dewey
May 29, 2012
Dewey & LeBoeuf filed for bankruptcy protection last night. In the last half century, large corporate law firms have enjoyed an enormously lucrative run. Although in the last four to five years revenue has flattened out.
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Stockton on the brink
May 18, 2012
The city of Stockton, Calif. has been hit hard by the financial crisis. With the city on the verge of bankruptcy, residents share what it's like when your town is teetering on the brink.
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Herculean effort to fix a city's budget
May 8, 2012
Hercules, Calif. was on the brink of bankruptcy. So the town made major sacrifices to stay solvent.
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