Free Republic

Press Releases Media Contact:   Mark Folk (704) 383-7088 October 20, 1997First Union Capital Markets Corp., Bear, Stearns & Co. Price Securities Offering Backed By Affordable Mortgages Unique Transaction To Benefit Underserved Housing Market CHARLOTTE - First Union Capital Markets Corp. and Bear, Stearns & Co. Inc. have priced a $384.6 million offering of securities backed by Community Reinvestment Act (CRA) loans - marking the industry's first public securitization of CRA loans. The affordable mortgages were originated or acquired by First Union Corporation and subsidiaries. Customers will experience no impact - they will continue to make payments to and be...

<p>The punishment regime imposed on Cyprus is a trick against everybody involved in this squalid saga, against the Cypriot people and the German people, against savers and creditors. All are being deceived.</p>

News Releases May 15, 2007ICE uncovers metropolitan area credit card fraud schemeTwo arrested for allegedly embezzling $6 million from major banks including Bank of America, Citigroup, Wachovia NEWARK, N.J. — U.S. Immigration and Customs Enforcement (ICE) agents today announced the arrests of two men for allegedly masterminding a significant credit card fraud scheme that resulted in the loss of over $6 million to credit card lenders and banks nationwide. On May 11, special agents from ICE’s Office of Investigations in Newark, N.J., arrested Akbar Wrind, a 54-year-old resident of Bayonne, N.J., and Rafael Marte, a 47-year-old resident of Walnut Port,...