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ING-Girls Inc. Investment Challenge Empowers Young Girls to Become Smart Investors

The ING Foundation is awarding college scholarships to teams of young girls who participated in the ING-Girls Inc. Investment Challenge, a program that provides practical, hands-on investing experience to girls at Girls Inc. affiliates around the country. Teams of girls in the first cycle of the challenge from New York City, Denver, and Los Angeles and Alameda counties in California each spent the past three years building and managing a virtual $50,000 diversified, real-time portfolio as part of an integrated...

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Re-Balancing the Euro Zone – Olli Rehn Outlines how Europe Will Emerge From the Crisis Stronger

Olli Rehn, Vice President of the European Commission and Commissioner for Economic and Monetary Affairs and the Euro, made a stop-over at the German House to brief representatives of New York's U.N., diplomatic and consular community on latest developments with regard to Europe's common currency. His conclusion: markets have to understand there are no quick fixes, but with the current correction of macroeconomic imbalances well on track, a genuine "Economic and Monetary Union 2.0" will pave Europe's way into the...

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McCormick & O’Brien LLP is pleased to announce that BoBi Ahn, Esq. has joined the Firm’s Immigration Practice as a Partner.

Ms. Ahn will lead the Firm’s Immigration practice.  Ms. Ahn’s career in Immigration and Nationality Law spans more than seventeen (17) years representing such premiere international organizations as Goldman Sachs, BNP Paribas, The International Monetary Fund (IMF), P&O Nedlloyd, and The World Bank in all phases of the business and employment related immigration process. She has in-depth experience in all matters of immigration law, including EB-5 Investor filings, as well as employment-based and family-based immigration and visa processing.  She has...

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Vice President Rehn: Euro Zone is at a Decisive Juncture

In today's Wall Street Journal, European Commission Vice President and Commissioner for Economic and Monetary Affairs Olli Rehn writes that the euro zone is at a decisive juncture as "Europe is undergoing a correction of the macroeconomic imbalances that built up before the financial shock of 2008." Noting that "over the last two years, Europe has made remarkable progress in addressing these imbalances," he points out that Europe's financial firewalls have been significantly strengthened and that "Europe is committed to...

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The Flex BV made simple

The Flex BV made simple: Reaping the benefits from the new Dutch Company rule. NautaDutilh's Flex BV website offers practical insights for taking advantage of the opportunities created by the new rules and requirements for: Management and Supervisory Board Members Private Equity Group Structures Joint Ventures Financiers /Sponsors (In house) lawyers Read more »

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Goldberg Segalla at the Ninth Annual FDCC Corporate Counsel Symposium

EACCNY member Frank Ciano of Goldberg Segalla is speaking at the Ninth Annual FDCC Corporate Counsel Symposium (“CCS”). The forum will be held in Philadelphia at the Four Seasons Hotel from September 12to 14, 2012. More about Frank J. Ciano's presentation can be found at: Protecting Your Company’s Intellectual Property For more complete program information, you can visit the Federation website, www.fdccconferences.org.

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Pepper Hamilton Client Alert: The Consumer Financial Protection Bureau Celebrates First Birthday By Flexing Its Enforcement Muscles: Settlement Costs Capital One $210 Million

Financial institutions have spent a year anticipating and predicting when the Consumer Financial Protection Bureau (CFPB) would put its broad enforcement powers to use. The anticipation ended on July 18, 2012, when the CFPB announced its first enforcement action with the entry of a consent order against Capitol One Bank. See, Stipulation and Consent Order, available at https://files.consumerfinance.gov/f/201207_cfpb_consent_order_0001.pdf. The subject of the consent order was Capital One's marketing practices for credit card add-on products, such as payment protection and credit monitoring....

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Pepper Hamilton, LLP Financial Services Alert

Delaware Imposes New Restrictions on Short-Term Lending On June 27, Delaware Gov. Jack Markell signed into law House Bill 289, legislation that places a number of severe limitations on short-term loans made by a Delaware licensed lender. These limitations will apply to both brick-and-mortar lenders, as well as Internet lenders operating under the Delaware Licensed Lender Act. The new limitations become effective on January 1, 2013. Read more Questions? Contact: Richard P. Eckman | eckmanr@pepperlaw.com Andrew R. Mavraganis | mavraganisa@pepperlaw.com Darcy Lee | leeda@pepperlaw.com* *Darcy Lee is...

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Advanced Fuels Move U.S. Ahead

The Whitehouse: July Energy Review: Advanced Fuels Move U.S. Ahead The Military Sealift Command fleet replenishment oiler USNS Henry J. Kaiser (T-AO 187), left, delivers a 50-50 blend of advanced biofuels and traditional petroleum-based fuel to the guided-missile cruiser USS Princeton (CG 59) during the Great Green Fleet demonstration portion of Rim of the Pacific (RIMPAC) 2012 exercise. Earlier this month, during the Rim of the Pacific Exercise (RIMPAC) – the largest maritime exercise in the world – the U.S. Navy...

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