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Government Policy and Law

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Developer files for bankruptcy protection

Developer files for bankruptcy protection  Developer David Walters has filed to liquidate assets under federal bankruptcy laws, citing assets of $100,000 to $500,000 and liabilities of $10 million to $50 million owed to up to…
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Insurer, Klines reach apparent settlement in arson fire

Insurer, Klines reach apparent settlement in arson fire American Family Insurance Co. and developer John Kline have reached a settlement in a court case in which the insurer accused Kline and his wife, Michelle, of…
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Romer to speak at ISU

Romer to speak at ISU Christina Romer, former chair of the Council of Economic Advisers, will speak tomorrow at Iowa State University as the Fall 2011 Mary Louise Smith Chair in Women and Politics. She…
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Co-author of Wall Street reform legislation will not seek re-election

Co-author of Wall Street reform legislation will not seek re-election Aides to Democratic Rep. Barney Frank, who helped to craft the landmark overhaul of financial regulations that bears his name, said today that he will…
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Analysts say employment was stable this month

Analysts say employment was stable this month The U.S. unemployment rate likely held steady in November, matching the 9 percent average for all 2011, according to the median estimate of 55 economists in a Bloomberg…
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Industry Report: LAW & GOVERMENT


DeWaay on the brink of bankruptcy because of court cases, documents say

A Delaware court case has DeWaay Financial Network LLC teetering on the brink of bankruptcy, according to court documents.

The Clive brokerage has …

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Justice Department conducts antitrust review of banks

The U.S.Justice Department is performing an antitrust review of banks and their trade associations, looking at their statements and actions related to possible increases in consumer fees for using debit cards, Bloomberg reported.

“Please be …

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Red-light, speed cameras bring in $87,953 for the city in October

Five red-light cameras, a fixed speed camera on Interstate 235 and a mobile speed camera unit that changes locations throughout the community issued more than 5,700 citations during October, according to a monthly report released …

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Lack of debt deal a bad deal for markets

U.S. stocks had dropped more than 2 percent by early afternoon, as mounting concern about heavy debt loads both domestically and abroad increased uncertainty in an already troubled and volatile market, Reuters reported.

A U.S. …

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The view from China: World economy is grim

Chinese Vice Premier Wang Qishan warned today that the global economy is in a grim state, and the visiting U.S. commerce secretary said China would spend $1.7 trillion on strategic sectors as Beijing seeks to …

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