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...which the Securities Investor Protection Corporation (SIPC) will compensate Irving Picard. The article stated that bankruptcy attorneys working on behalf of SIPC, including Mr. Picard, receive a percentage of recovered funds. SIPC payments to attorneys are not directly linked to a percentage of monies recovered, nor are such payments drawn from recovered funds...
...economic recovery Naimi so optimistically predicts would certainly be vital to oil-producing countries, whose own economies would be imperiled by a drawn-out recession. Oil demand in rich countries has crashed since the onset of the economic crisis last year, and is now at its lowest level since about 1981, according to the Paris-based International Energy Agency. U.S. oil inventories - the stored surplus - this month reached their highest level since the 1980s. And about 2.6 billion barrels are currently stored in commercial tankers around the world. "There is some risk we will run out of storage space...
Shares of Wells Fargo, which uses a red horse-drawn carriage as its corporate mascot, have risen nearly 200%, to $24 per share, in less than three months. And while the stocks of all banks are up over that period, Wells Fargo's increase is more than double the rise of the KBW Bank Index. As a result, Wells' shares are starting to look pricey - and the bank is still facing tens of billions of dollars more in loan losses in the next two years...
...them. People on the sidewalks can see them, as the buses go zipping by," says Charlie Sitzes, 73, the group's spokesman. Apart from the predictable blogosphere chatter, Chicago has largely greeted the ads with a quick, curious look and then a shrug. While the media attention has drawn donations to the group from across the country, there are no plans to extend the ads' run beyond mid-June. "You don't have to shake the believer tree too hard to get a discussion going," Sitzes says, adding, "We've already won." (See the top 10 religion stories...
...Obama said when he introduced Sotomayor at the White House on Tuesday, he was also drawn to her by her "extraordinary journey" in life. It could be said to have begun with a journey her parents made during World War II, when they moved from Puerto Rico to New York City, where their daughter was born in 1954. Sotomayor was 3 when the family found an apartment at the Bronxdale Houses, a city-owned development built to provide affordable housing to working-class families. Her father died when Sotomayor was just 9 - one year after she was given a diagnosis...