KD from Mother Jones Explains Power Of Financial Lobby

Gov. Nathan Deal signed legislation Tuesday that will provide savings to businesses when they respond to garnishment orders issued against their employees. The bill, which the General Assembly passed overwhelmingly early in this year’s legislative session, repeals a court-imposed mandate that companies use lawyers to handle garnishment responses. “I’m commit […]

Turner Broadcasting System Inc. hired Gerhard Zeiler as president of Turner Broadcasting System International. The international television executive is currently CEO of RTL Group, a division of Bertelsmann AG and Europe’s largest television production and broadcast company. He started his career as a journalist and later was a spokesperson for two Austrian […]

Primerica Inc. (NYSE: PRI) The Duluth, Ga.-based seller of insurance and investment products to lower-to middle-income Americans saw its profit decrease 30.8 percent in 2011. Notably, its profit in 2010 included a period that did not reflect the impact of Citi reinsurance and reorganization transactions. Primerica raised $320 million when it went public in A […]

Bank of America Plaza was sold Tuesday in a foreclosure auction for $235 million, a 46 percent decline from what BentleyForbes Group paid in 2006 for the 55-story tower at Peachtree Street and North Avenue. Click the photo on the right for a slideshow of the auction. JPM CC 2006 CIBC17 Office Limited Partnership, an affiliate of the bondholders, placed the $ […]

Charles Michael Vaughn was sentenced Tuesday in U.S. District Court in Atlanta to more than eight years for his role in a $10 million Ponzi scheme. The 43-year-old Atlanta resident eight years and four months and was ordered to pay more than $8.8 million in restitution. He pleaded guilty to the charges on Oct. 24, 2011. According to U.S. Attorney Sally Quill […]

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