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November 20.2008
ALTUS MAN SENTENCED 41 MONTHS AND MUST PAY OVER $4 MILLION IN RESTITUTION FOR USING FAKE CHURCH BOND TO DEFRAUD WESTERN OKLAHOMA BANKS
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November 19.2008
Interim Assistant Secretary Neel Kashkari Remarks on Implementation of the Emergency Economic Stabilization Act
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November 19.2008
Company to Pay $5.6 Million for Allegedly Overcharging U.S. on Contract to Recruit & Select Airport Screeners
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November 19.2008
SENATOR DIANNE WILKERSON INDICTED FOR ATTEMPTED EXTORTION
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November 19.2008
Former State Senator Wayne Bryant Guilty of all Counts for Schemes to Obtain a Corrupt Low-show Job at UMDNJ and Fraudulently Pad State Pension – Former Dean of Medical School Also Convicted –
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November 19.2008
FORMER BROKERAGE FIRM CEO CHARGED IN NATURAL GAS MISMARKING SCHEME AND FORMER LEAD TRADER AT BANK OF MONTREAL PLEADS GUILTY
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November 19.2008
MIAMI HIV CLINIC ADMINISTRATOR AND TWO MIAMI RESIDENTS SENTENCED FOR THEIR ROLES IN A $14 MILLION MEDICARE FRAUD SCHEME
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November 19.2008
From the Heart to Our Troops
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November 19.2008
In Case You Missed It: 'Fighting the Financial Crisis, One Challenge at a Time'
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November 19.2008
Testimony by Treasury Secretary Henry M. Paulson, Jr. before the House Committee on Financial Services
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November 19.2008
Two Charged With Illegal Trading With Iran
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November 19.2008
D.C. Court of Appeals Clears Way for $200 Million Restitution Order in Tax Fraud Conviction
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09.29.2008

News / Statement by Secretary Paulson on the Sale of Wachovia Bank

– Treasury issued the following statement by Secretary Henry M. Paulson, Jr. on the sale of Wachovia Bank:

"I commend the action taken by Chairman Bair and the FDIC today to facilitate the sale of Wachovia Bank to Citigroup in an orderly fashion to mitigate potential market disruptions. I agree with the FDIC and the Federal Reserve that a failure of Wachovia would have posed a systemic risk. As a result of this transaction, all Wachovia depositors will be protected and Wachovia's senior and subordinated debt will be assumed by Citigroup. The FDIC's actions help to mitigate potential systemic risk to our financial system. As I have said before, in this period of market stress, we are committed to taking all actions necessary to protect our financial system and our economy."
http://www.treas.gov/press/releases/hp1164.htm

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