by Moe Bedard
A story by the New York Law Journal this morning shows how some state-court judges are reacting to their recession. Arthur Schack, a supreme court justice in Brooklyn, who previously graced the pages of this blog for his rulings in foreclosure cases, recently rejected a request by JP Morgan Chase for $9,112 in costs for [...]
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by Moe Bedard
Unlike Citigroup (C), Bank of America (BAC), AIG (AIG), Chrysler, and GM, Congress deemed that Fannie Mae and Freddie Mac had not received “exceptional assistance” and therefore did not have to have their pay decisions scrutinized by the pay czar.
Top executives of Fannie and Freddie could get paid as much as $6 million for 2009, [...]
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