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Goldman CEO hires prominent defense lawyer

Goldman Sachs Chief Executive Lloyd Blankfein has hired high-profile Washington defense attorney Reid Weingarten, according to a government source, as the Justice Department continues to investigate the bank.

Spitzer Sued for Libel Over His Slate Column

Former New York governor Spitzer speaks at the Reuters Global Financial Regulation Summit in New York
Former New York Governor Eliot Spitzer was hit with two libel lawsuits seeking $90 million by former Marsh & McLennan Cos executives over a column posted on Slate.com about an insurance bid-rigging scandal.
Former IMF Director Dominique Strauss-Kahn

New York Prosecutors Set to Drop Strauss-Kahn Case

Prosecutors on Monday appeared set to drop sexual assault charges against former IMF director Dominique Strauss-Kahn, a stunning reversal in the case against a man who many had seen as the next president of France.
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Combo of former International Monetary Fund Chief Dominique Strauss-Kahn (L) and Nafissatou Diallo(R)

Strauss-Kahn Accuser Mulls Dropping Case for Money: Report

Lawyers for the woman who accused former IMF chief Dominique Strauss-Kahn of sexual assault have explored a deal in which they would scuttle the criminal case in exchange for a monetary settlement in the civil lawsuit, the Wall Street Journal reported on Friday.
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GM Says Bankruptcy Excuses It from Impala Repairs

General Motors Co (GM.N) is seeking to dismiss a lawsuit over a suspension problem on more than 400,000 Chevrolet Impalas from the 2007 and 2008 model years, saying it should not be responsible for repairs because the flaw predated its bankruptcy.
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Lawyer Goldfarb gets 3 years prison in insider case

A lawyer caught up in the government's massive insider trading investigation was sentenced to three years in prison on Friday after pleading guilty to participating in a scheme to trade on corporate secrets from a prominent law firm.
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Texas vampire Arrest Sparks Discussion on Pop Culture

The arrest of a Texas man who broke into a woman's house, threw her against a wall and tried to suck her blood over the weekend has sparked discussion over the impact of vampire books and movies on U.S. youth culture.

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