| Former Ferris Baker broker is to be sentenced today
Meanwhile, Ferris has said it is at least "open" to considering buyout offers from four suitors interested in acquiring the firm.
The SEC declined to comment for this article, in keeping with its policy of not confirming active investigations. Ferris has acknowledged it is under investigation by the SEC but declined to comment further this week. Ferris indicated in an August financial report that the SEC's investigation of the firm centers on Glantz and Dadante.
Ferris' role as Glantz's employer has left it and certain employees the target of lawsuits filed by Dadante's 100-plus victims, who are seeking to recover the estimated $28 million they lost. Dadante's victims - none of whom were Ferris clients - are waiting to see what the SEC case reveals about the firm's handling of the matter.
CORZINE TAKES ON TASKS
Post a comment. View latest comments. A recap of key issues and how Gov. Jon S. Corzine has dealt with each, so far.
FINANCES: Much of Corzine's work to improve the state's bleak financial future is still unraveling as details of his complicated plan to raise tolls to pay off state debt were kept secret until Jan. 8. His premise: Pay off half the state's roughly $32 billion debt and fund needed transportation infrastructure projects by creating a new public corporation that would would borrow up to $40 billion that would be repaid by increasing tolls up to eight times current rates by 2022. Corzine has said this painful step is the only way to fix the state budget, which has been bogged down by state officials' overreliance on borrowing.
Obama Beats ... Jesse Jackson
If he offers legalization to the "12 million" who are here they will clearly get benefits from having come here illegally--the benefit of being here legally, for one. Medicaid, Medicare, and public schooling for another. People who came here illegally would also immediately qualify for Social Security benefits as soon as they got the quickie "probationary" Z-visa under McCain's bill. The only way McCain's statement would make sense is if he was also planning to offer these benefits to everyone who didn't cross the border--i.e. the entire population of Mexico. ... Actually, that doesn't seem too far from Dr. Hernandez's philosophy. ... You don't think ...] 2. Hernandez's "Mexico first" comment isn't quite as bad as it initially seems. Here's the full Nightline back and forth: (OC) Has the Mexican-American--and just Mexicans in America, that population--now become successful and wealthy enough to give back here that that becomes a piece of the puzzle? Mr.
May 2007 Archive
COLUMBUS GROVE — The Columbus Grove softball field had a new look on Thursday afternoon as the Lady Bulldogs unveiled their new scoreboard against their Continue » Voters to see renewal levy TuesdayLocal News (272 words) DELPHOS — The most important thing Delphos City School Board members and the administration want district voters to know about the 5.5-mill renewal levy they Continue » A first-hand account of the Kent State shootingsLocal News (1551 words) The following is a story which appeared in the May issue of "Good Times", a monthly publication of the Delphos Herald focusing on the Boomer Continue » Looser shuts down WildcatsSports (780 words) By MIKE MAAG KALIDA — The way Ottoville's Chris Looser was pitching Thursday night, the Big Green didn't need many runs.
Strengthening Our Economy: Foreclosure Prevention and Neighborhood ...
Chairman Dodd, Ranking Member Shelby, and distinguished Members of the Committee, it is an honor to be here today to discuss with you measures to strengthen our economy, help to prevent foreclosures, and preserve our neighborhoods. My testimony today is based on work that I have been doing with the Center for American Progress (CAP) and a team of experts from academia and a wide range of public and private sector institutions. Shortcomings, of course, are my own. Many homeowners are under water and drowning fast, with loans far larger than their homes are now worth. Our neighborhoods and communities are suffering. And contagion from the housing crisis is drying up credit markets. We risk a vicious downward spiral in housing prices, credit markets, and the real economy.
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