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Olympus Pacific Minerals lists on ASX

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AAP Canadian gold miner Olympus Pacific Minerals has made a solid debut on the Australian Stock Exchange. Shares in the company, which is also listed on the Toronto Stock Exchange, closed at 23 cents, up one cent from its 22 cent at the open. Olympus Pacific issued 119.78 million
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Bank of America faces NY lawsuit

By Washington correspondent Kim Landers The lawsuit says Bank of America and its former chief executive, Ken Lewis, misled investors about its acquisition of Merril Lynch at the height of the financial crisis. New York's Attorney-General Andrew Cuomo says Bank of America failed to disclose

NY sues Bank of America alleging fraud in Merrill deal

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New York state officials have filed a lawsuit against Bank of America and its former top executives alleging they defrauded taxpayers and shareholders in the takeover of Merrill Lynch. Andrew Cuomo, the New York state attorney-general, announced the lawsuit against the bank and former
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New York sues Bank of America alleging fraud in Merrill deal

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Andrew Cuomo, the New York state attorney-general, announced the lawsuit against the bank and former chief executive, Kenneth Lewis, and former chief financial officer, Joseph Price, "for duping shareholders and the federal government in order to complete a merger with Merrill Lynch". "This
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Bank of America sued for fraud

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Andrew Cuomo, the New York state attorney-general, announced the lawsuit against the bank and former chief executive, Kenneth Lewis, and former chief financial officer, Joseph Price, "for duping shareholders and the federal government in order to complete a merger with Merrill
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Ex-BofA chief Lewis charged with fraud

Cuomo's office, which has been aggressively pursuing an investigation into the merger and subsequent bonuses paid to former Merrill employees, said it was charging Lewis and Bank of America's chief financial officer Joe Price, who was recently appointed to lead the firm's consumer banking

Canberra has to dig deep into the too hard basket

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The CSR ruling should prompt government to unearth old proposals for reform of the Corporations Act. BURIED deep in the federal government's too hard basket is some unfinished business from the James Hardie asbestos furore in 2004. Years ago the government received two proposals for
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Sweet and sour of a demerger dream

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DIRECTORS of CSR will meet as early as Monday to patch together their splintered business strategy following this week's decision by the Federal Court to block the conglomerate's demerger. Meanwhile, the Chinese suitor Bright Foods continues to stalk the company's sugar assets with a $1.5
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CSR left bearing the cost of unfinished business

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Buried deep in the federal government's too hard basket is some unfinished business from the James Hardie asbestos furore in 2004. Years ago the government received two proposals for changing the Corporations Act to ensure the scandal would not be repeated. After Wednesday's Federal
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Myer in race for customers

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DEPARTMENT store owner Myer will use better than expected earnings in the first half to fund a prolonged campaign of the discounting and in-store promotions that marked the lead-up to Christmas, as it strives to win customers from arch-rival David Jones and other retailers. The decision to
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