Tag Archives: regulations

FDIC Slaps East Bridgewater Savings

What happens if you run a bank responsibly?  The FDIC slaps you with a "needs improvement" rating under the Community Reinvestment Act. From James Pethokoukis at U.SNews.com: There has been a lot of push back against the idea that the Community Reinvestment Act nudged banks to give mortgages to people who should have not gotten them. But then here comes…

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In The News – 02/19/09

GOP Governors to Reject Obama’s Big Spending?
…the governors of Alaska, Idaho, Louisiana, Mississippi, South Carolina, and Texas have all questioned whether the $787 billion bill signed into law this week will help the economy. http://www.boston.com/news/nat… $8 Billion in Fraud, $31,750 Gift to Obama
Stanford’s political action committee gave $31,750 to President Obama’s campaign, the third biggest donation for the…

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Stuggling busniesses close in MA, stay open in other states.

Natick tool plant expected to close

By Michael Morton/Daily News staff

MetroWest Daily News

Posted Jan 16, 2009 @ 11:22 PM

NATICK – An international tool-making company confirmed yesterday that it will likely close its West Central Street plant by June, potentially ending four decades of operations there and putting 80 employees out of work…. Secor said the company had…

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