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AIG lawyer has an upset shot in bailout case

Lawyer David Boies has a shot at an upset win in the trial of Maurice “Hank” Greenberg’s $25 billion bailout case against the U.S. government, a turnaround from the weak odds he was given just a month ago.

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BofA’s mortgage settlement stalls over SEC policy fight

A final piece of Bank of America Corp.’s record $16.7 billion toxic-mortgage settlement is being held up by an internal fight at the U.S. Securities and Exchange Commission, said four people familiar with the case.

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GM recall costs rise as lawsuits multiply

General Motors Co. said recall and car-loan charges for this year rose 8 percent to $2.7 billion, as the company is hit almost daily with new lawsuits over the call-ins.

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Facebook’s Zuckerberg sues lawyers over bogus ownership case

Facebook Inc. and Chief Executive Officer Mark Zuckerberg sued DLA Piper LLP and other lawyers they claim colluded with Paul Ceglia in a fraudulent multibillion-dollar claim to half the social network.

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Yellen says she’s ‘greatly’ concerned by growing inequality

Janet Yellen thrust the Federal Reserve into the debate on inequality in America, saying she’s “greatly” concerned by the most sustained rise in U.S. wealth and income inequality since the 19th century.

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GM hit with record $10 billion lawsuit for losses

General Motors Co. was hit with its biggest lawsuit so far over serial recalls, brought on behalf of drivers of 27 million vehicles seeking more than $10 billion in compensation for fallen car prices.

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Questions linger for executives in AIG trial

The trial over the American International Group Inc. bailout shifts this week from the architects of the 2008 rescue, who spent days testifying as to why they imposed the terms they did on the ailing insurer, to the executives who accepted their demands.

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