The Hustle, as it was known, rewarded volume instead of quality for mortgages sold by Bank of America to Fannie Mae and Freddie Mac.
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Danone had forwarded a claim worth EUR200 million against Fonterra for its false contamination scare of its milk products.
The case filed by Lincolnshire Management Inc led to an arbitration award against it for its former CEO.
Aside from weeks without basic utilities and supplies, the damage caused by the Colorado flashfloods may well reach over USD1 billion.
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