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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jan 18, 2013

Page

11

Subway face scrutiny over inch-long sandwiches

A photo posted on Subway's Facebook page shows a footlong measuring 11 inches, prompting criticism of the world’s largest fast food chain. The New York Post found four of seven measured footlongs shorter than 12 inches. Subway says bread length varies and that it reinforces policies to ensure consistency across locations.

New York Subway Australia Subway Pls Facebook New York Post

Fewer U S homes repossessed in 2012

RealtyTrac data show banks reclaimed 671,251 homes in 2012, down 16.9 percent from 804,423 in 2011, amid slower new foreclosures and more short sales. Overall national foreclosure filings dropped 3 percent to 1.8 million, while Florida posted the highest rate at 3.1 percent.

Los Angeles U.S RealtyTrac Inc Realty- Trac Florida New York California Utah

AT&T upgrades Columbia Station 4G LTE site

In Columbia Township Lorain County residents gain faster mobile Internet as AT&T upgrades a Columbia Station cell site to expand 4G LTE coverage. Spokeswoman Holly Hollingsworth said smartphones tablets and similar devices will connect within seconds, boosting speeds and performance for area residents and businesses.

Columbia Twp Lorain County At&t Columbia Station Holly Hollingsworth

Taxpayers to bail out U.S. banks again

Regulators reached settlements with Goldman Sachs Morgan Stanley and 10 other lenders including Bank of America JPMorgan Wells Fargo Citigroup MetLife Bank PNC Sovereign SunTrust U S Bank and Aurora to end robo signing foreclosures. The deals pay over 9 billion to homeowners but critics say the tax deductibility cushions banks while leaving victims undercompensated. Senators and consumer advocates warn taxpayers subsidize bank wrongdoing as protections fade.

Goldman Sachs Morgan Stanley Bank of America Jpmorgan Chase Wells Fargo Citigroup MetLife Bank PNC Financial Services Sovereign SunTrust U.S. Bank Aurora Phineas Baxandall U.S. Public Interest Research Group Washington U.S Internal Revenue Service Sen Charles Grassley Iowa Wall Street At&t Inc NY Jpmorgch AbtLabs NY Keycorp NY Agreet NY LNB Encp Nasd AmintlGrp NY Limited NY ApriMatl Nasd Lowes NY BkofAm NY McDnids Baripvix Micront Bob Evans Microsoft Boeing BostonSci Mondelez Nasd MorgStan NY Newscpa Nasd CVR Rig NiSource NY Cedarf NY Cemex NY Nordson NokiaCp Nasd CntryLink NY Chimera NY Northropg NY Cisco Nasd Citigroup NY ParkerHan NY Darden NY Penney NY Dell Inc Nash Pfizer NY Diebold NY PolyOne DineEquity Nhs PwShs Qqqnasd Eba' Nasd ProdGam NY EMC Cp RPM NY EmersonEl NY RegionsFn NY Facebook N Nasd AschMotn Nasd FifthThird FstMerit Nasd SearsHidgs Nasd Fordm NY Sherwin NY GenElec NY Siriusxm Nasd Hewlettp NY Smucker NY SprintNex NY HomeDp NY Spdr Fncl NY Honcilint NY Hovnane NY Steris NY HuntBnesh Nash US Bancrp NY iShJapn NY Invacare NY Wendys Co Lt Sweet Crude NYMX New York Mercantile Exchange Chicago Board of Trade CME Chicago Mercantile Orange Juice ICE Intercontinental Exchange Mutua Funds American Funds BalAm MA Capincbua Mh Cpwidgrla Mws Eurpacgra Mfb Fninva m B Grthama m G IncAmerAm MA Invccoama m Newpersoa m LV Wamutinvam Dodge & Cox IntlStk Dodge & Cox Stock Fidelity Contra LG FrankTemp-Franklin Income A m CA FrankTemp-Templeton GI Bond Harbor Intrinstry Pimco TotRetAdm PIMCO Vanguard Federal Reserve Vanguard InstPlus Vanguard MulniAdml MI Vanguard Totadl Morningstar Doe Mutual Fund The Associated Press

Banks seek tax relief amid costly mortgage settlements

Bankers press to deduct costs from settlements with regulators as debate grows over whether such charges are tax deductible. Regulators like the SEC have limited deductions, citing civil penalties and deterrence, a stance highlighted by Goldman Sachs 2010 $550 million settlement. Duke law professor James Cox notes firms weigh deductibility during negotiations.

Bank of America Citigroup Securities and Exchange Commission Goldman Wall Street SEC James Cox Duke University Cox

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