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Keyword: commercebancorp

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  • Pa. corruption trial looks at payments

    03/21/2005 8:25:12 PM PST · by NormsRevenge · 1 replies · 311+ views
    Bakersfield Californian ^ | 3/21/05 | David B. Caruso - AP
    PHILADELPHIA (AP) - A bank official testified Monday that he didn't believe it was wrong for his company to have donated tens of thousands of dollars to local politicians who could help the bank get business. Douglas Pauls, the chief financial officer at Commerce Bancorp, said he considered it to be a "common practice" of big American companies. "Is there anything improper about that whatsoever?" asked Kevin Marino, a lawyer for a Commerce Bank official being tried on corruption charges. "No," Pauls said. Pauls offered his defense of the company as federal prosecutors began introducing evidence designed to portray two...
  • EX-NJ GOV IN BOND SCANDAL

    05/22/2003 6:07:32 PM PDT · by Coleus · 24 replies · 419+ views
    <p>May 22, 2003 -- Soon after Acting New Jersey Gov. Donald DiFrancesco left office early last year, he joined the board of directors of a bank that got his help while he was still in office.</p> <p>In one of his last acts in office, DiFrancesco signed legislation giving the Burlington County Bridge Commission, which operates two Delaware River toll bridges, the power to issue bonds for other government entities.</p>