Banks agree to 8.5 billion settlement over robo signing foreclosures
Banks including JPMorgan Chase Bank of America and Wells Fargo will pay about 3.3 billion to homeowners and 5.2 billion to reduce mortgage bills or forgive principal under a settlement ending an independent loan file review. About 3.8 million people are eligible for payments, with amounts ranging from a few hundred dollars to as much as 125000.
MENTIONED IN THIS ARTICLE
Bruce Marks
Neighborhood Assistance Corp. of America
Marks
Jpmorgan Chase
Bank of America
Wells Fargo
Office of Comptroller of the Currency
Federal Reserve
Thomas Curry
Obama taps Hagel and Brennan for key security posts
President Obama nominates Chuck Hagel for defense secretary and John Brennan to head the CIA amid cross party scrutiny. Hagel faces a tough Senate battle over Israel and gay rights remarks, while Brennan's past on enhanced interrogation probes draws questions. Kerry named for secretary of state as team consolidates amid Afghanistan, Iran, and spending challenges.
MENTIONED IN THIS ARTICLE
Barack Obama
White House
Washington
National Security
Homeland Security
John Brennan
CIA
Nebraska
Chuck Hagel
Senate
Obama
Hagel
Israel
Brennan
John Kerry
Afghanistan
Charles Schumer
New York
Lincoln Journal Star
Iran
Slow Growth in Health Care Spending Extends to 2011
U S health care spending reached 2.7 trillion in 2011 with a 3.9 percent rise, continuing a three year stretch of record low growth as the recession reshaped private coverage and public spending. Physician and clinical services grew 4.3 percent while per person spending rose to about 8680 dollars. The economy kept health care’s share of GDP at 17.9 percent.
MENTIONED IN THIS ARTICLE
Washington
U.S
Ing
U.S. Department of Health and Human Services
Micah Hartman
Gifts sway doctors toward brand name prescriptions
A study of about 1900 physicians found 37 percent prescribe brand name drugs when patients request them, rising to 40 percent with free samples or meals from drugmakers. Those with ongoing meetings with reps also show higher brand name use, highlighting potential waste in medicine.
MENTIONED IN THIS ARTICLE
Milwaukee
Eric Campbell
Harvard Medical School
Jama Internal Medicine
Eric Cohen
Medical College of Wisconsin and Froedtert Hospital
Cohen
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Otis Brawley
American Cancer Society
Brawley
India
New Delhi
Rajiv Mohan
Anchorage
Alaska
Kodiak Island
Royal Dutch Shell PLC
Sitkalidak Island
Gulf of Alaska
Chicago
Urooj Khan
Cook County
Stephen Cina
Defense
Milwaukee Journal Sentinel