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  1. Bank says meatpacking plant defaulted on $35M loan (The State)
    www.thestate.com
    A St. Louis-based bank is seeking to seize and auction all of Agriprocessors' assets, claiming the slaughterhouse defaulted on a $35 million loan. First Bank said in a lawsuit filed Thursday in U.S. District Court in Cedar Rapids that Agriprocessors overstated how much money it has available and that the company is either unable or unwilling to meet its loan payments. The suit names ...
  2. Employee arrested, accused of stealing from cash register (The Canton Repository)
    www.cantonrep.com
    MASSILLON A Massillon man was arrested after his employer accused him of stealing $604 from the store where he worked. Steven R. Emick, 29, of 515 Sixth St. NE, was arrested by Massillon Police at 2:12 p.m. Friday on a felony theft charge, Stark County Jail records said.
  3. Christmas Comes Early for Lobbyists (The News & Advance)
    www.newsadvance.com
    The federal government’s $700 billion financial stabilization package started life almost two months ago as a fairly straightforward plan for the Treasury Department to buy toxic mortgages from at-risk financial institutions.
  4. McAllister Ranch set for emergency hearing on upkeep (The Bakersfield Californian)
    www.bakersfield.com
    McAllister Ranch's bankruptcy trustee has cast a critical eye on the relationship between Lehman Brothers Inc. and SunCal Co., court filings show -- especially the $144 million cash "dividend" the companies received from a development loan that later defaulted. The trustee has requested an emergency order to force the Lehman affiliate in charge of $18 million left in a development fund to pay ...



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