Jurors grimly viewed the key videotape evidence in the trial of a man accused of sexually assaulting two little girls in separate incidents in 2003. Several jurors dabbed their eyes with tissues and looked sadly at the video monitor as the tape was played for…

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Jurors in Las Vegas view graphic homemade video in toddler molestation trial

SINGAPORE (Reuters) – HSBC, Europe’s biggest bank, plans to raise more than 12 billion pounds ($17 billion) in a share sale aimed at propping up its capital base in order to cope with the economic crisis, the Financial Times reported on Saturday.

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Britain’s HSBC plans $17 billion share sale: report

Two Vallejo men are facing charges for allegedly bilking investors out of more than $17 million in a Ponzi scheme. Federal prosecutors say 55-year-old Robert Cephas Brown Jr. and 49-year-old Duane Allen Eddings were indicted Thursday on multiple felony…

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Vallejo men indicted in alleged investment fraud

An Army officer who shot and killed an Iraqi detainee during an interrogation was convicted of murder Friday night by a military jury. First Lt. Michael Behenna of Edmond, Okla., avoided conviction on the more serious charge of premeditated murder in the…

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Soldier guilty of murder in Iraqi detainee killing

Translation: An Ad Agency with Street Cred

The New York Jets bolstered their defense in a big way Friday, signing former Baltimore Ravens linebacker Bart Scott to a $48 million, six-year deal. The 28-year-old Scott will make $27 million during the first three years of the contract, agent Harold Lewis…

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Jets sign linebacker Scott to $48 million deal

The chief investment officer of troubled Stanford Financial Group was forced to borrow money from her attorney Friday to cover her $300,000 bond and avoid spending the weekend in jail. “Embarrassingly, I posted the money out of my own account,” said Dan…

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Stanford investment officer released on bond

A 7-foot painting that may or may not be the work of famed pop artist Keith Haring went on sale on eBay Friday night. Opening bid: 99 cents. The seller is a Pennsylvania man, Ed Oswald, who believes the “Hope” painting to be an original Haring. But his cousin…

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Haring or not, huge painting on sale for 99 cents

Barry Bonds’ perjury trial was delayed indefinitely Friday after federal prosecutors notified the judge overseeing the case that they will appeal her decision to exclude key evidence from the jury. Jury selection, which has been set to start Monday, “will not…

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Feds to appeal ruling on evidence in Bonds trial

President Obama has grabbed what the real estate industry considers the third rail of tax reform: mortgage-interest deductions. Among the many tax hikes on the affluent laid out in his budget proposal Thursday was a plan to reduce the itemized deduction rate…

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Mortgage interest tax deduction cut criticized

HOUSTON (Reuters) – U.S. securities regulators on Friday accused Texas billionaire Allen Stanford, his college roommate and three of their companies of carrying out a “massive Ponzi scheme” over at least a decade and misappropriating at least $1.6 billion of investors’ money.

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U.S. charges Stanford with massive Ponzi scheme

NEW YORK (Reuters) – Bank of America Corp is carrying loans on its balance sheet marked at more than $44 billion above their fair value, the company said in its annual report filed with U.S. regulators on Friday.

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BofA carries loans $44 billion above market value

Regulators on Friday closed Heritage Community Bank in Illinois, and Security Savings Bank in Nevada, marking 16 failures this year of federally insured institutions. The Federal Deposit Insurance Corp. was appointed the receiver of the banks. Heritage…

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Regulators close banks in Illinois, Nevada

Los Angeles police officials say a favorable court decision will now allow the department to enforce a rule requiring narcotics and anti-gang police officers to disclose personal financial information. The 9th U.S. Circuit Court of Appeals on Friday denied a…

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LA officers lose appeal on financial disclosure

NEW YORK (Reuters) – A federal bankruptcy judge on Friday approved an $8 billion bankruptcy loan for oil and chemical maker Lyondell Chemical Co .

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Lyondell gets bankruptcy financing court approval