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  • Surgeons

    A government health insurance plan included in the House bill is unacceptable to a few Democratic moderates who hold the balance of power in the Senate.

  • Health Care Bill Worst Law Since 1930s: Forbes Monday, 9 Nov 2009 | 8:02 AM ET

    The healthcare reform that the House of Representatives approved late Saturday is bad for the US and will actually damage the health care system, Steve Forbes, CEO at Forbes, told CNBC Monday.

  • Sweeping Health Care Overhaul Bill Passes House Saturday, 7 Nov 2009 | 11:36 PM ET
    Nancy Pelosi

    The House passed landmark health care legislation Saturday night to expand coverage to tens of millions who lack it and place tough new restrictions on the insurance industry. The Senate takes up the bill next.

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    The new defendants include hedge fund traders and money managers, a mergers and acquisitions attorney, a corporate executive, and an associate analyst for the Moody's credit rating agency.

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    While US officials publicly support a strong dollar, in private they don't appear so worried about its recent slide.

  • JPMorgan Settles SEC Charges in Muni-Bond Case Wednesday, 4 Nov 2009 | 1:44 PM ET
    JP Morgan Chase

    JPMorgan Chase has agreed to a settlement worth more than $700 million over federal regulators' charges that it made unlawful payments to friends of public officials to win municipal bond business in Jefferson County, Ala.

  • Health Reform Vote on House Floor Possible by Weekend Wednesday, 4 Nov 2009 | 11:28 AM ET
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    House Democrats cleared the way Wednesday for a pivotal floor vote on health care overhaul as early as the weekend, after tweaking their 1,900-page bill to crack down harder on insurance companies.

  • House Bill to Go After Any Large Financial Firm Tuesday, 3 Nov 2009 | 4:07 PM ET
    Barney Frank

    Rep. Barney Frank says he expects a House bill will allow regulators to dismantle even healthy firms if they've grown so big that they threaten the broader economy.

  • Disgraced financier Bernard Madoff's longtime auditor has entered a guilty plea in a federal court in Manhattan.

  • Amgen Sued Over Alleged Sales Kickback Schemes Friday, 30 Oct 2009 | 2:31 PM ET
    Amgen

    New York Attorney General Andrew Cuomo and 14 other states are filing a lawsuit against Amgen, alleging that the biotech company was offering kickbacks to medical providers to increase the sale of its anemia drug Aranesp.

  • To Rein In Pay, Rein In Wall St. Friday, 30 Oct 2009 | 11:24 AM ET
    Outside the New York Stock Exchange in lower Manhattan.

    If policy makers want to bring down bank pay, they should do something to make the industry more competitive, and to assure that no one expects the taxpayer to again pay all the costs if the industry blows up again. says Floyd Norris in the New York Times.

  • Stanford Investors Could Get 20 Cents on the Dollar Wednesday, 28 Oct 2009 | 9:11 PM ET
    Allen Stanford

    The court-appointed receiver who is trying to unwind the alleged Allen Stanford Ponzi scheme says he has identified $1.5 billion in assets that could be returned to victims.

  • Fed's Power Would Be Curtailed by Financial Reform Bill Wednesday, 28 Oct 2009 | 3:58 PM ET
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    The proposed financial reform bill would amend the Federal Reserve Act to take away the central bank’s independent ability to bailout a specific company.

  • A Bitter and Expensive Dodgers Divorce Wednesday, 28 Oct 2009 | 1:55 AM ET
    Frank & Jamie McCourt

    Former Dodgers CEO Jamie McCourt has filed for divorce from her husband of 30 years, Dodgers owner Frank McCourt. In what promises to be a very bitter proceeding, Mrs. McCourt cites irreconcilable differences, and is seeking hundreds of thousands of dollars a month in spousal support.

  • Former ML Exec Is Named Head of UBS Unit Tuesday, 27 Oct 2009 | 3:28 AM ET
    UBS

    Robert McCann, the former head of Merrill Lynch's brokerage unit, was named the head of UBS's private client group.

  • Clock Ticking on Democrats' Health Care Reform Monday, 26 Oct 2009 | 8:35 AM ET
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    Time growing short, Democratic leaders in the House and Senate still face key decisions if they are to achieve President Barack Obama's goal of passing legislation to remake the nation's health care system by year's end.

  • Stanford Investors Face Dwindling Hope for Recovery Sunday, 25 Oct 2009 | 9:42 AM ET
    Allen Stanford

    Eight months after he seized control of what was left of their life's savings, a court-appointed attorney in Dallas has finally met with investors in the alleged Stanford Ponzi scheme, CNBC has learned.

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    The central witness in a federal insider trading case against Raj Rajaratnam, founder of the Galleon hedge fund, has a more than 10-year history of passing on privileged information to the fund, according to federal court documents.

  • The growing deficit and broken tax policies are killing job creation and causing long term damage to the middle class of the US, Steve Wynn, chairman and CEO of Wynn Resorts, told CNBC Friday.

  • Law Firms Pay New Hires to Work for Public Good Friday, 23 Oct 2009 | 11:20 AM ET
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    If things had gone according to plan, Lindsay Murphy would be a big-city tax lawyer by now. Instead, the recent law school graduate found herself doing legal aid, listening to complaints about raw sewage bubbling up into the bathtubs of a Mississippi Delta housing project.