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Superior Bank Of Chicago
The Superior Bank FSB was a Hinsdale, Illinois-based savings and loan association that collapsed in July 2001 with some $2.3b in assets.Joseph Weber and Lorraine Woellert ''Business Week'' September 10, 2001 It was co-owned by the Pritzker family of Chicago. Synopsis Superior opened in 1988 under conditions created by the Federal Home Loan Bank Board, which made generous arrangements for the takeover of several failed thrifts. The bank was a 50-50 partnership between the Pritzkers (the elder Jay, Penny and Thomas) and real estate investor Alvin Dworman, who ran Superior from his New York office after Jay Pritzker's death in 1997. The Pritzkers and Dworman bought the failed Lyons Federal for the relatively modest price of $42.5 million, with each using a shell corporation to control half of Coast-to-Coast Financial Corporation (CCFC), a holding company created to own Superior. In July 2001, Superior was seized by federal banking regulators after the Pritzkers reneged on a recapitaliz ...
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Hinsdale, Illinois
Hinsdale is a village in Cook and DuPage counties in the U.S. state of Illinois. Hinsdale is a western suburb of Chicago. The population was 17,395 at the 2020 census, most of whom lived in DuPage County. The town's ZIP code is 60521. The town has a rolling, wooded topography, with a downtown, and is a 22-minute express train ride to downtown Chicago on the Burlington Northern line. Geography Hinsdale is located west of Chicago and is bordered by Western Springs to the east, Clarendon Hills and Westmont to the west, Oak Brook to the north, and Burr Ridge and Willowbrook to the south. It can be reached by highway from Interstate 294 or Interstate 55. The eastern boundary of Hinsdale is I-294, and the western boundary is Route 83. According to the 2021 census gazetteer files, Hinsdale has a total area of , of which (or 99.18%) is land and (or 0.82%) is water. Demographics As of the 2020 census there were 17,395 people, 5,809 households, and 4,817 families residing ...
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New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital media, digital subscribers. It also is a producer of popular podcasts such as ''The Daily (podcast), The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones (publisher), George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won List of Pulitzer Prizes awarded to The New York Times, 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national "newspaper of record". For print it is ranked List of newspapers by circulation, 18th in the world by circulation and List of newspapers in the United States, 3rd in the U.S. The paper is owned by the New York Times Company, which is Public company, publicly traded. It has been governed by the Sulzberger family since 189 ...
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Diane Pamela Wood
Diane Pamela Wood (born July 4, 1950) is an American attorney who serves as a Senior United States circuit judge of the United States Court of Appeals for the Seventh Circuit, and a senior lecturer at the University of Chicago Law School. After working in private practice and the executive branch, Wood became the third woman ever hired as a law professor at the University of Chicago Law School. President Bill Clinton nominated her to the Seventh Circuit on March 31, 1995. She is considered a liberal intellectual counter to Richard Posner and Frank H. Easterbrook. Early life and education Diane Pamela Wood was born on July 4, 1950, in Plainfield, New Jersey, to Lucille Padmore Wood and Kenneth Reed Wood. She lived in nearby Westfield, New Jersey, where her father was an accountant at Exxon, and her mother worked for the Washington Rock Girl Scout Council. She is the second of three children, with an older sister and a younger brother. When Wood was 16, her family moved to Houston ...
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Judicial Opinion
A judicial opinion is a form of legal opinion written by a judge or a judicial panel in the course of resolving a legal dispute, providing the decision reached to resolve the dispute, and usually indicating the facts which led to the dispute and an analysis of the law used to arrive at the decision. Drafting process An opinion may be released in several stages of completeness. First, a bench opinion may be handed down, with the judge or panel of judges indicating their decision and a rough explanation of the reasoning underlying it. A slip opinion may also be issued the day the decision is handed down, and is usually not typeset or fully formatted. It is not the final or most authoritative version, being subject to further revision before being replaced with a final published edition. The Supreme Court of the United States issues slip opinions with the following disclaimer: Types of judicial opinions A unanimous opinion is one in which all of the justices agree and offer one ...
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United States Court Of Appeals For The Seventh Circuit
The United States Court of Appeals for the Seventh Circuit (in case citations, 7th Cir.) is the U.S. federal court with appellate jurisdiction over the courts in the following districts: * Central District of Illinois * Northern District of Illinois * Southern District of Illinois * Northern District of Indiana * Southern District of Indiana * Eastern District of Wisconsin * Western District of Wisconsin The court is based at the Dirksen Federal Building in Chicago and is composed of eleven appellate judges. It is one of 13 United States courts of appeals. The court offers a relatively unique internet presence that includes wiki and RSS feeds of opinions and oral arguments. It is also notable for having one of the most prominent law and economics scholars, Judge Frank H. Easterbrook, on its court. Richard Posner, another prominent law and economics scholar, also served on this court until his retirement in 2017. Three judges from the Seventh Circuit, Sherman Minton, John Pau ...
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In These Times
''In These Times'' is an American politically progressive monthly magazine of news and opinion published in Chicago, Illinois. It was established as a broadsheet-format fortnightly newspaper in 1976 by James Weinstein, a lifelong socialist. It investigates alleged corporate and government wrongdoing, covers international affairs, and has a cultural section. It regularly reports on labor, economic and racial justice movements, environmental issues, feminism, grassroots democracy, minority communities, and the media. Weinstein was the publication's founding editor and publisher; its current editor and publisher is Joel Bleifuss. , it had a circulation of over 50,000. As a nonprofit organization, the magazine is financed through subscriptions and donations. History In 1976, Weinstein, an historian and former editor of ''Studies on the Left'', launched the politically progressive journal ''In These Times''. He sought to model the newsweekly on the early-20th-century socialis ...
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Clint Krislov
Clint is both a given name and a surname. Notable people with the name include: Given name: * Clint Alberta (1970–2002), Canadian filmmaker *Clint Albright (1926–1999), Canadian ice hockey player * Clint Alfino (born 1968), South African baseball player *Clint Amos (born 1983), Australian rugby league player *Clint Auty (born 1969), Australian cricketer *Clint Bajada (born 1982), Maltese presenter *Clint Barmes (born 1979), American baseball player * Clint Benedict (born 1892), Canadian ice hockey goaltender *Clint Black (born 1962), American country singer and musician *Clint Boon (born 1959), English musician and radio presenter * Clint Boulton (1948–2021), English footballer * Clint Bowyer (born 1979), NASCAR racecar driver *Clint Capela (born 1994), Swiss basketball player * Clint Catalyst (born 1971), American author, actor, model, and spoken word performer *Clint Daniels (born 1974), American singer *Clint Dempsey (born 1983), American soccer player *Clint Eastwood (bor ...
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Racketeer Influenced And Corrupt Organizations Act
The Racketeer Influenced and Corrupt Organizations (RICO) Act is a United States federal law that provides for extended criminal penalties and a civil cause of action for acts performed as part of an ongoing criminal organization. RICO was enacted by section 901(a) of the Organized Crime Control Act of 1970 () and is codified at as . G. Robert Blakey, an adviser to the United States Senate Government Operations Committee, drafted the law under the close supervision of the committee's chairman, Senator John Little McClellan. It was enacted as Title IX of the Organized Crime Control Act of 1970, and signed into law by US President Richard M. Nixon. While its original use in the 1970s was to prosecute the Mafia as well as others who were actively engaged in organized crime, its later application has been more widespread. Beginning in 1972, thirty-three states adopted state RICO laws to be able to prosecute similar conduct. Summary Under RICO, a person who has committed "a ...
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The Washington Times
''The Washington Times'' is an American conservative daily newspaper published in Washington, D.C., that covers general interest topics with a particular emphasis on national politics. Its broadsheet daily edition is distributed throughout the District of Columbia and in parts of Maryland and Virginia. A weekly tabloid edition aimed at a national audience is also published. ''The Washington Times'' was one of the first American broadsheets to publish its front page in full color. ''The Washington Times'' was founded on May 17, 1982, by Unification movement leader Sun Myung Moon and owned until 2010 by News World Communications, an international media conglomerate founded by Moon. It is currently owned by Operations Holdings, which is a part of the Unification movement. Throughout its history, ''The Washington Times'' has been known for its conservative political stance, supporting the policies of Republican presidents Ronald Reagan, George H. W. Bush, George W. Bush, ...
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Chicago Magazine
''Chicago'' is a monthly magazine published by Tribune Publishing. It concentrates on lifestyle and human interest stories, and on reviewing restaurants, travel, fashion, and theatre from or nearby Chicago. Its circulation in 2004 was 165,000, larger than ''People'' in its market. Also in 2004, it received the National Magazine Award for General Excellence. It is a member of the City and Regional Magazine Association (CRMA). History In the second half of the 20th century, several magazines bore the name ''Chicago'' magazine. The current one also has the longest history. It was established in 1952 as the monthly ''WFMT Guide'' and was founded as the programming guide for the classical radio station WFMT. Starting in October 1970, the ''WFMT Guide'' began accepting paid advertising. The ''WFMT Guide'' changed its name to ''Chicago Guide'' with the December 1970 issue and became a full-sized magazine. Two other magazines titled ''Chicago magazine'' existed between the 1950s an ...
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Savings And Loan
Wealth is the abundance of valuable financial assets or physical possessions which can be converted into a form that can be used for transactions. This includes the core meaning as held in the originating Old English word , which is from an Indo-European word stem. The modern concept of wealth is of significance in all areas of economics, and clearly so for growth economics and development economics, yet the meaning of wealth is context-dependent. An individual possessing a substantial net worth is known as ''wealthy''. Net worth is defined as the current value of one's assets less liabilities (excluding the principal in trust accounts). At the most general level, economists may define wealth as "the total of anything of value" that captures both the subjective nature of the idea and the idea that it is not a fixed or static concept. Various definitions and concepts of wealth have been asserted by various individuals and in different contexts.Denis "Authentic Development: Is i ...
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Office Of Thrift Supervision
The Office of Thrift Supervision (OTS) was a List of federal agencies in the United States, United States federal agency under the United States Department of the Treasury, Department of the Treasury that chartered, supervised, and regulated all federally chartered and state-chartered savings banks and savings and loans associations. It was created in 1989 as a renamed version of the Federal Home Loan Bank Board, another federal agency (that was faulted for its role in the savings and loan crisis). Like other U.S. federal bank regulators, it was paid by the banks it regulated. The OTS was initially seen as an aggressive regulator, but was later lax. Declining revenues and staff led the OTS to Regulatory capture, market itself to companies as a lax regulator in order to get revenue. The OTS also expanded its oversight to companies that were not banks. Some of the companies that failed under OTS supervision during the financial crisis of 2007–2010 include American Internatio ...
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