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PointOfLaw Forum (Free subscription) | 06/09/2008
Odd doings continue in the $22.5 billion lawsuit, per Bloomberg: ``Every legal system has its flaws,'' [plaintiff's expert and Harvard lawprof Alan Dershowitz] said in an interview yesterday. ``Who are we to cast aspersions on a country's legal system?''... Leading...
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Today's Tribune-Review (Free subscription) | 03/09/2008
The never-ending revelations about its massive data security snafus confirm that customers of Bank of New York Mellon Corp. should feel very insecure. And violated.
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New York Post (Free subscription) | 30/08/2008
Bank of New York Mellon Corp.said computer tapes lost in February may have contained data on as many as 12 million people, almost triple the number originally estimated by the company. BNY Mellon disclosed the new estimate earlier this week to...
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World of stocks (Free subscription) | 30/08/2008
TheStreet.com Winners & Losers Tech Winners & Losers: Dell Financial Winners & Losers: Bank of New York 8/29/2008 12:04 PM EDT Health Winners & Losers: Pfizer 8/29/2008 4:32 PM EDT Boeing Machinists Reject Offer; Strike Looms 8/29/2008 5:33 PM EDT Technical Outlook: Bullish on Biotech After a basing pattern for several years, the Dow Jones U.S. Biotechnology Index looks ready to break out. 8/29/2008...
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EDD Blog Online (Free subscription) | 29/08/2008
Headcount for Bank of New York Mellon's lost backup tapes rises from 4.2 million to 12 million personal identities The Bank of New York Mellon said yesterday that the backup tapes that were lost by its courier earlier this year may have included personal information on 8 million more people than the initial 4.2 million it originally announced. The unencrypted storage tapes from BNY Mellon Shareowner...
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The Street (Free subscription) | 29/08/2008
The company said a data breach first disclosed in May involves information from 12 million individuals, about 8 million more than it initially reported.
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Real Time Economics (Free subscription) | 28/08/2008
Sen. Barack Obama hasn’t officially accepted the nomination as the Democratic presidential nominee, but already there is chatter about who he may pick as the next secretary of the Treasury if elected. Geithner Receiving the most buzz is Federal Reserve Bank of New York President Timothy Geithner, who has won plaudits [...]
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Bearwatch (Free subscription) | 26/08/2008
Reuters reports yesterday that a bank in Abu Dhabi is suing Morgan Stanley, Bank of New York, Mellon and the ratings agencies for fraud relating to understating the risks in the complex debt packages at the heart of the credit crisis. (htp: Jesse) Answerability to the voters is so last millennium, pace idealistic dreamers like Karl Denninger ; but money talks. If voting made a difference, it'd be...
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Market Wire - Financial Services: Commercial and Investment Banking (Free subscription) | 19/08/2008
NEW YORK, NY (MARKET WIRE) Bowne & Co., Inc. (NYSE: BNE) today announced it has amended the terms of its $75.0 million 5% Convertible Subordinated Debentures (the "Notes") and the related Indenture, dated September 24, 2003, by and between the Company and the Bank of New York Mellon (the "Indenture"), by a First Supplemental Indenture.
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Boston Globe (Free subscription) | 19/08/2008
One of Yahoo Inc.'s new board members, Frank J. Biondi Jr., has stepped down from the board of Bank of New York Mellon Corp.
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All About Jazz (Free subscription) | 15/08/2008
University of Pittsburgh freshman and trombonist Brandon Hang has been selected as the winner of the 2008 Pitt-Bank of New York Mellon Jazz Scholarship. The $5, 000 tuition prize is awarded annually to a Pitt music student after tapes of jazz standards are submitted and then judged by a panel of nationally recognized jazz musicians. Hang will be honored for his accomplishment at the 2008 Pitt Jazz...