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Marshals seize Madoff’s $7 million penthouse

Marshals seize Madoff’s $7 million penthouse

The U.S. Marshals Service on Thursday took possession of disgraced financier Bernard Madoff's $7 million Manhattan penthouse, an action that forced his wife to move elsewhere.

 

Feds seize 2 corporate credit unions

Federal regulators on Friday seized control of two large institutions that provide wholesale financing for U.S. credit unions, a move they say was needed to stabilize the credit union system.

 

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