DAVENPORT, Iowa - (08/10/04) -- A 21-year-old suspect in lastweekend's armed robbery at River City CU was led on the Saturdaymorning heist by a domineering girlfriend, who drove the getawaycar with her toddler sons dangling in the backseat, according tothe mother of the suspect. "He got in with the wrong girl," saidDiana Martin, after her son, Christopher Martin, was charged in theSaturday incident. Martin and his 21-year-old girlfriend, DanielleSkrogstad, were arrested following a high-speed chase after thecredit union heists, with her two little boys in the backseat.Martin's mom said her son is weak when it comes to women and wasled astray by his girlfriend. "You can be strong, but if the rightperson whispers in your ear, you're not," said the distraughtmother. Saturday's robbery at River City CU was the sixth in thecity over the past week, including three heists Tuesday, carriedout during separate campaign visits by President Bush and DemocratJohn Kerry. The two are also suspected in a June robbery at IHMississippi Valley CU and several other area hold-ups.
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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.
March 27 -
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.
March 27 -
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.
March 27 -
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.
March 27 -
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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