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Bank of America settles with New York customers over delays

Proof of paying off mortgages was not filed on time.

DOJ sues Bank of America for $1 billion

A Manhattan U.S. attorney is suing Bank of America Corp. for over $1 billion for allegedly selling defective mortgages from at least 2007 through 2009.

Startups step into the spotlight

Advocates and investors say that for the first time since before 2008, there is a strong interest among the Westchester and Fairfield County, Conn., business communities in supporting startups and early stage companies.p

Markets bounce back morning after Moody’s downgrades

U.S. stock markets bounced back the morning after downgrades of 15 global banks by Moody’s Investors Service sent global markets reeling.

MBIA confident going into restructuring trial

A trial date of May 14 has been set in the case ABN Amro NV et al. v. Dinallo, in which three remaining plaintiffs are challenging MBIA’s 2009 restructuring.