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January 25, 2013
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Legal News in Brief

  Corporate Spotlight 
  National News 
  • Bond buying boosts Fed's balance sheet to record $3T
    The size of the Federal Reserve's balance sheet has reached an all-time high of $3.055 trillion, boosted by purchases of Treasurys and mortgage-backed securities. The latest Fed data put liabilities, made up mostly of its lending to the U.S. financial system, at $2.994 trillion. CNBC/Reuters (1/24) LinkedInFacebookTwitterEmail this Story
  Legislative Dispatch 
  • GOP is expected to fight Cordray renomination to CFPB
    Senate Republicans are expected to attempt to block President Barack Obama's reappointment of Richard Cordray as head of the Consumer Financial Protection Bureau. Republicans oppose the agency's broad power over the financial-services industry. Cordray has been running the agency since late 2011 under a recess appointment. The Washington Post (1/24) LinkedInFacebookTwitterEmail this Story
  Employment Focus 
  Supreme Court and Federal Court Watch 
  • Goldman Sachs prevails in $580M negligence lawsuit
    A federal jury has determined that Goldman Sachs Group was not liable in a case involving the investment bank's role in advising Dragon Systems during the speech-recognition company's acquisition of Belgium-based Lernout & Hauspie Speech Products. Shortly after the deal was completed, it became apparent that fraud had occurred at Lernout & Hauspie. Bloomberg (1/24) LinkedInFacebookTwitterEmail this Story
  Professional and Business Development 
  • 17 ways to crush your next meeting
    Before your next meeting, research the backgrounds and motivations of the people involved, writes Eli Rubel, the CEO of Glider. During the meeting, take notes and put people at ease by subtly mimicking their body language. Afterward, make sure you follow up. "I don't care if it was the best meeting of your life -- or the worst -- if you don't follow up you've just thrown away 50% of the value of that meeting," Rubel writes. Silicon Florist blog (Oregon) (1/15) LinkedInFacebookTwitterEmail this Story
  PLI News 
  • How To Hear What Is Sometimes Not Being Said
    Knowing how to read a public company's financial statements can help you read between the numbers to extrapolate relevant information, spot red flags, gauge the financial health of a company, and better communicate with business and financial professionals. Learn more at the Jan. 30 audio briefing Reading Public Company Financials -- What You Need To Know. LinkedInFacebookTwitterEmail this Story
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  Lawyer Life 
  • Washington, D.C., offers several flavors of local life
    In Washington, D.C., stepping away from the landmark-filled tourist trail offers the chance to experience the capital's varied neighborhoods and their unique charms, this feature says. The culinary experiments in the H Street corridor's restaurants offer an exciting dining experience for visitors. The U Street corridor offers a hip music scene with live band performances on most nights. USA Today (1/19) LinkedInFacebookTwitterEmail this Story
  • Brewers inspired by rock 'n roll
    Some brewers are fermenting beverages inspired by musicians, such as Stillwater Artisanal Ales' saison served in a bottle with a label reminiscent of an album cover and complete with a QR code that, when scanned, pulls up a music video on a smartphone. "The more we can bring other artistic elements into the world of beer, the more it is validated as being a possible art form and not just a manufacturing industry," said brewer Brian Strumke. The Washington Post (1/22) LinkedInFacebookTwitterEmail this Story
  SmartQuote 
In youth we learn; in age we understand."
--Marie von Ebner-Eschenbach,
Austrian writer


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