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Why Is Google Exec Interested In North Korea?

Eric Schmidt, Google's executive chairman, has landed in North Korea. His trip there is a bit of a mystery. North Korea's young leader, Kim Jong Un, recently set out a series of policy goals that included expanding science and technology as a way to improve the North Korean economy in 2013.

Bank Of America To Pay Fannie Mae $11.6 Billion To Buy Back Troubled Loans

Bank of America and Fannie Mae have agreed to settle legal issues stemming from the subprime mortgage crisis. The bank will pay Fannie Mae $3.6 billion in cash and will also spend $6.7 billion to repurchase certain mortgages sold to Fannie Mae.

Big Banks Agree To Pay $8.5 Billion To Settle Foreclosure-Abuse Claims

Some borrowers who were mistreated during foreclosures will receive compensation. The payments will range from hundreds of dollars to $125,000. The agreement ends a case-by-case review of the banks' actions.
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Ticketmaster Goofs Inaugural Ball Tickets Sales

There's been a mix-up involving ticket sales to some events related to the upcoming Inaugural Parade and Ball.


Bank Of America To Pay Fannie Mae $3.6B, Buy Back $6.75B In Mortgages

The agreement resolves claims against the bank about mortgage-backed securities it sold before the housing bust. Many weren't worth what was promised. Also today, BofA and other banks are expectd to settle claims related to alleged foreclosure abuses.