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BERKO: Hard work led to nothing but hard times


Dear Mr. Berko:

I know you’ve heard this sob story before, but we need your help, and I have to get this off my chest.

I’ve worked for 52 years and never missed a day. …

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BERKO: First, define ‘conservative’


Dear Mr. Berko:

I have $40,000 in cash sitting in my IRA that I need to invest for dividends and growth. I’ve got to be careful with this money, though, because at age 78 I’m …

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North Central Bancshares completes Treasury repayment

North Central Bancshares completes Treasury repayment North Central Bancshares Inc. announced yesterday that it has redeemed all $10.2 million of the Fixed Rate Cumulative Perpetual Preferred Stock Series A issued to the U.S. Department of…
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Hill named chairman of FBL board

Hill named chairman of FBL board Craig Hill, newly elected president of the Iowa Farm Bureau Federation, has been named chairman of the board of FBL Financial Group Inc., the company announced yesterday. Hill succeeds…
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BDFS to hold open house for financial reps

BDFS to hold open house for financial reps Broker Dealer Financial Services Corp. (BDFS) will hold an open house on Dec. 15 from 5 to 7 p.m. for all financial representatives and investment advisers at…
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Martin Marietta seeks more stones

Martin Marietta Materials Inc., which produces construction aggregates, made an unsolicited $5 billion offer to buy rival Vulcan Materials Co. to create the global leader in the industry, Reuters reported. In a letter to Vulcan …

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British finance regulator wants closer scrutiny of bank takeovers

Bank takeovers should face deeper scrutiny and directors should be more accountable for their actions, Britain’s finance watchdog said in a long-awaited report on the near collapse of Royal Bank of Scotland (RBS), Reuters reported.…

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Federal Reserve might be in dark on loans to foreign central banks

For all the transparency forced on the Federal Reserve by Congress and the courts, one of the central bank’s emergency-lending programs remains so secretive that names of borrowers may be hidden from the Fed itself, …

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Lee Enterprises files for bankruptcy

Davenport-based Lee Enterprises Inc., publisher of newspapers in 52 markets in Iowa and other states, filed today to refinance nearly $1 billion in debt under Chapter 11 of U.S. bankruptcy laws, Reuters reported. The publisher …

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Former FDIC chair Blair could monitor bank settlement

Ex-Federal Deposit Insurance Corp. Chairwoman Sheila Bair is a top candidate among state officials to ensure that banks comply with any settlement of a nationwide foreclosure probe that is being led by Iowa Attorney General …