Sentences with phrase «in settlement money»

According to the CFPB's press release, the bureau is seeking $ 183.3 million in settlement money.

No one on the commission actually will utter the words «Vito Lopez» or confirm that there's an investigation into allegations he sexually harassed members of his staff or an inquiry into the more than $ 100,000 in settlement money to the alleged victims.

Silver has apologized for concealing more than $ 100,000 in settlement money for Lopez's former aides who accused him of harassment, but contends his office didn't break any laws.

The report from state Comptroller Tom DiNapoli does highlight a vastly improved financial picture for the state in recent years, though «the state may face increasing budgetary challenges in coming years as revenue growth is expected to slow and billions of dollars in settlement money are spent.»

The state GOP circulated a petition last week urging supporters to back Silver losing his leadership post over his role in negotiating more than $ 132,000 in settlement money for the alleged sexual harassment victims of Assemblyman Vito Lopez.

The Environmental Advocates of New York on Friday called on the state's elected leaders to use $ 117 million in settlement money from Volkswagen to implement a decade - old law aimed at reducing diesel emissions in New York.

Lopez was accused last year of sexually harassing several female aides, and Assembly Speaker Sheldon Silver quietly approved more than $ 100,000 in settlement money.

Republicans in local races are making an issue out of the Lopez scandal, either calling on Silver to resign as speaker for concealing more than $ 100,000 in settlement money paid to two of Lopez's victims, or challenging their Democratic opponents for not calling on him to step down.

Mr. Schneiderman has blamed large lenders for creating the 2008 financial crisis, and wrung some $ 60 billion in settlement money from them — and used the cash to fund a slew of counseling and relief programs.

Not exact matches

J.P. Morgan (jpm) and many of its competitors have invested millions of dollars in the technology in hopes that it can be adapted to simplify and lower the costs of processes such as securities settlement, loan trading and international money transfers.

If an employer is found to have wrongfully terminated an employee under one of these laws, it could stand to lose a considerable amount of money in a settlement.

That would normally be an end of the matter, but not everyone is inclined to take Deutsche's compliance department at its word after a string of governance scandals in recent years that culminated in a $ 630 million settlement for failing to police money - laundering by its Moscow office last month.

«When you get into the reasons why you receive money in a settlement, the taxation will depend on the reason behind it,» he said.

In fact, to the extent that a federally supervised restructuring reduces the size of bondholder settlements, it actually saves taxpayer money.)

The billionaire entrepreneur also questioned whether it was advisable for federal officials to deprive the bank of billions of dollars in a proposed settlement, which would effectively siphon money away from shareholders.

Cameron Winklevoss, who with his twin brother Tyler reportedly turned settlement money from their Facebook lawsuit into more than $ 1 billion in Bitcoin, has suggested the cryptocurrency could «disrupt» gold, calling it «gold 2.0.»

In 2003, with $ 80,000 of her settlement as seed money, Schuback launched the company Independent Empowerment to sell the bib and other products customized for the disabled.

A number of operational features were required to implement such an overnight reverse repo, or ON RRP, facility: It would need same - day settlement; 16 the operation would need to be run predictably, every day, and as late in the day as possible, to give lenders time to bargain with other counterparties using the outside option of investing with the Federal Reserve; 17 an appropriate spread below IOR would be required to ensure that the facility neither induced large changes in the structure of money markets nor lost the ability to support interest rate control; 18 and the operations would need enough unused capacity that lenders could credibly propose to leave borrowers that did not offer an adequate interest rate.19

In a life insurance cash settlement, a company will purchase your life insurance policy for a greater amount than the policy's cash value but less money than the death benefit.

If you exchange shares of a fund for another fund in the same fund family and share class, the transaction fee will be paid from your money market settlement fund.

Shkreli funded the Merrill Lynch settlement — and avoided the filing of the confessions of judgment — by causing a $ 900,000 investment in Retrophin equity securities made by MSMB Healthcare to be recharacterized as a «loan,» causing the «loan» to be repaid with interest, and using the «loan» proceeds together with other money taken from Retrophin to pay Merrill Lynch.

«Our BOSS Revolution international money transfer business routinely utilizes digital assets to generate liquidity in fiat currencies for our disbursement agents as part of our transaction settlement process,» said Alfredo O'Hagan, senior vice president of IDT's consumer payments business.

Furthermore, Germany's central bank, the Bundesbank, reported this week that imbalances in Europe's so - called Target2 settlement system, in which euro - zone central banks and the ECB transfer money across the common currency union, have declined.

The sudden rise in settlement of Comex gold and silver futures contracts through the formerly obscure off - exchange mechanism of «exchange for physicals» is likely just increasing the supply of imaginary metal, the TF Metals Report's Craig Hemke writes today for Sprott Money.

The Bank for International Settlements (BIS), which is jointly owned by the world's leading central banks, noted in November that bitcoin could disrupt the ability of central banks to exert control over the economy, as well as issue money.

And, as United States Attorney from the Eastern District of New York, she was involved in two high profile financial fraud cases, one in which Citicorp paid $ 7 billion in settlement for its role in the mortgage - backed securities fraud, and one in which HSBC paid $ 1.7 billion and took a deferred prosecution agreement for facilitating money - laundering.

The shock to money markets around the world in mid August, described in more detail in the November Statement on Monetary Policy, saw the demand for settlement funds rise sharply.

Most of the money has been turned over to the oligarchic banks in settlement of «forward currency contracts» that are, in effect, no - lose gambles against the ruble.

When the group of authorised money market dealers was a conduit between the Reserve Bank and the banking system, banks held an average of over $ 4 billion in settlement balances with the authorised dealers.

Money markets in Australia were also affected in the June quarter by the introduction of real - time gross settlement (RTGS) for interbank payments in Australia, which resulted in a temporary rise in banks» demand for liquid funds.

«Christianity is not being attack the devil is a liar / people today will sue by association, irs is coming after me in 2011 after i left my business partner in 2008 he did nt pay them or others creditors they do nt care if you do nt owe it they want the money i own another company, a person give me a bad check for 100.00 he got a attoney in n / c trying to sue me for 4000.00 there was no voilation, but everyone i spoke to said it would be cheaper to offer and settlement / he owed the debt he bouced the check, why should i pay, so its about the mighty green but all liars will have their part in the lake of fire, he without sin cast the frist stone

Don't the folks who donated all that money to this creep have a right to know how much of their hard - earned money was paid out in the settlement?

Sir Hedley told Premier the panel had found cases of women who felt pressured into making concessions over things like how much money they received in a settlement.

Few will need to be reminded of the very large sums of money that the wife of ex-Beatle, Paul McCartney, recently sought and obtained from him in her divorce settlement, even though they were not married for very long.

As an example: When Virginia sued the tobacco companies and was awarded the huge settlements they set up a commission to reinvest that money in the tobacco farming areas in order to help the economy there (since it was dependent on tobacco farming).

lol you've really lost your dang mind fighting tooth & nail for McGregor in all this if you think the fighters involved in the assault would prefer UFC hush money to McGregor settlement money.

As explained in Sports Illustrated last year, the NCAA and 11 major athletic conferences reached an out - of - court settlement that resolves claims for past money owed to athletes over athletic scholarships.

Irony is, I don't hate women in general but after dating online, you can see women who lived with their husbands until their house was paid off or their schools loans paid and or both and then had the court take his kids away and put his ass out on the street as part of a divorce settlement along with a substantial awarding of monies.

The additional $ 10 million earmarked in the concussion litigation settlement for research is a step in the right direction, albeit a fraction of the money that will be needed to be devoted to concussion research to make the sport safer.

More sale dates and merchandise could add up to the biggest fundraising event for the Weed Ladies, a group of volunteers who annually raise money for Naper Settlement in Naperville.

Government would also be able to «recoup monies» used in sexual harassment settlements.

AG Andrew Cuomo just announced he has reached multimillion - dollar settlements in his ongoing pay - to - play pension fund probe with two investment firms and three unlicensed brokers — including the Quadrangle Group, which used to handle Mayor Bloomberg's money, and the political consulting firm Global Strategy Group.

Silver has been criticized for his handling of the case and the effort to conceal $ 103,000 in taxpayer settlement money for two of Lopez's former staffers.

A liberal former state lawmaker (Richard Brodsky) and a conservative fiscal watchdog (EJ MCMahon) have joined forces — calling on the state to redirect billions of dollars in unspent legal settlement money to help fix the subways.

NEW YORK (Reuters)- Half of the money spent so far from New York state's $ 10 billion in legal settlement windfall has gone to support the state budget rather than the capital projects for which it should be used, the state's chief fiscal watchdog said on Friday.

Attorney General Eric Schneiderman announced his office would use $ 1.2 million in money from its myriad settlements with large financial institutions to stem the city's ballooning homelessness crisis.

And the comptroller pointed out that the Cuomo administration is moving items off - budget — such as $ 125 million in Tobacco Settlement money, which will go toward Medicaid costs, and $ 100 million from the State Insurance Fund to help pay workers compensation costs.

Half of the money spent so far from New York state's $ 10 billion in legal settlement windfall has gone to support the state budget rather than the capital projects for which it should be used, state Comptroller Tom DiNapoli said.

Under the proposed settlement, the county could still dip into the fund until 2018, in order to fulfill its long term financial needs, however any money diverted would be paid back in full, according to the agreement.

In his State of the State speech this month, Gov. Andrew M. Cuomo called for banning the use of taxpayer money to settle sexual - harassment claims involving all government entities and some private companies and to require public disclosure of the settlements.