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Farm income has taken a long, hard fall, dropping 50 percent since hitting a high point in 2013. Add to that near-record levels of farm debt, and you have…
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Along with overwhelming destruction, Hurricane Maria has brought renewed attention to the US government's role in Puerto Rico’s debt crisis.For years the…
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U.S.Bank in Cedar Falls has been ordered to pay $18 million to defrauded customers of a failed brokerage firm. The settlement is the result of a lawsuit…
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Iowa’s senior U.S. senator put forth legislation today to protect farmers during bankruptcy.Republican Chuck Grassley says when Congress passed bankruptcy…
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Dahl’s Foods is filing for Chapter 11 bankruptcy.The Des Moines-based grocery store chain will not liquidate, but rather reorganize. As part of that…
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The University of Northern Iowa is going to bankruptcy court to try to get money back from the now defunct Cedar Falls-based investment fund Peregrine…
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The federal commission that regulates the U.S. futures trading industry has permanently barred the accountant who audited Russell Wasendorf’s Peregrine…
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A federal judge has sentenced 64- year- old Russell Wasendorf, Sr. to 50 years in prison. Last July, following an attempted suicide, Wasendorf admitted to…
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Russell Wasendorf had hoped tomorrow would be the day he’d be released on bail...But the hearing's been postponed, so the former head of Peregrine…
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Economic development officials have begun to assess the fallout from the abrupt closure of the Cedar Falls-based international brokerage firm, Peregrine…