WESTBOROUGH, Mass. - (11/21/05) -- A drug-addled suspect was arrestedlast week and charged with robbing a Digital FCU member at thecredit union ATM by threatening her with a hypodermic needle heclaimed was infected with the AIDs virus. Police said MathewBraley, 21, robbed the credit union member of an estimated $160 tohelp him support a heroin habit. Braley was captured after he fledthe credit union parking lot, unsuccessfully tried to carjack apassing motorist, then hailed a cab. Braley first triedunsuccessfully to cash a stolen check at the credit union, thenwalked outside and accosted the member, who had just made a depositat the ATM, according to police. The member was forced atneedle-point to her car and forced to give him the cash, but notbefore she was able to kick him several times.
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Two former members of the Federal Open Market Committee said in interviews that they expect the Federal Reserve to keep rates steady amid uncertainty over the ongoing war with Iran and the resulting upward pressure on inflation.
7h ago -
Goldman Sachs Chief Legal Officer Kathryn Ruemmler received an 11% pay hike last year, bringing her total compensation to $25 million; U.S. Bank promoted Toby Clements to chief operations officer; Klarna is expanding its forward-flow and whole-loan sale deal with Elliot Investment Management to $2 billion; and more in this week's banking news roundup.
9h ago -
Carter Bankshares in Martinsville, Va., sold more than $200 million of loans made to companies controlled by Sen. Jim Justice and his family, closing out a once close relationship that later descended into rancor and litigation.
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The Federal Deposit Insurance Corp.'s Office of Inspector General said in a Thursday report that staffing cuts over the past year could strain supervision and the agency's response to a crisis.
11h ago -
The latest rise in property tax collections at the end of last year continued a nine-quarter streak of increases, according to the National Association of Home Builders.
March 27 -
American Banker data finds that regulatory clarity is the top ask from executives holding back on adoption planning.
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