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Milwaukee Police Helping At-Risk Homeowners
Posted on March 16th, 2010 No commentsMilwaukee police officers are joining forces with city and community organizations to connect at-risk homeowners with foreclosure help. The city has more than 1,200 vacant and bank-owned properties, according to one source. Read the story from WISN-TV in Milwaukee.
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Maritime Savings Faces April 30 Deadline
Posted on March 16th, 2010 No commentsA new order by the Office of Thrift Supervision gives Maritime Savings Bank in West Allis, Wis., until April 30 to submit a binding merger or acquisition agreement to the regulators, and until June 30 to recapitalize, the Milwaukee Journal Sentinel reported.
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Associated Exec Received $1.45M
Posted on March 16th, 2010 No commentsIn his final year as chief executive of Associated Banc-Corp, Paul S. Beideman received $1.45 million in total compensation. Beideman retired after six years at the helm of Associated, succeeded as CEO on Dec. 1 by California bank executive Philip B. Flynn. Flynn will receive a base salary of $1.2 million, a stock salary of nearly $2.3 million and restricted shares worth $1.2 million. Read the Milwaukee Journal Sentinel article.
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Wisconsin enacts IRA changes
Posted on March 16th, 2010 No commentsWisconsin Governor Jim Doyle signed a bill into law that brings the state treatment of Roth IRA conversions into line with federal treatment. In January, federal guidelines were changed, allowing those who earn more than $100,000 per year to convert IRAs to Roth IRAs. Read the Small Business Times article.