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Allstate sues two more banks over mortgage fraud

Allstate says Citigroup and Deutsche Bank AG hid the risks on more than $385 million mortgage securities and it bought from the two banks and now it wants revenge. Lawsuits filed by the largest publicly-traded U.S. home and auto insurer brings the total lawsuits against banks to four.  Allstate has already filed similar lawsuits against Bank of America and JPMorgan Chase. The company is trying to recover more than $1.8 billion in securities and says the banks are guilty of fraud.
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Robocop may stand guard in Philadelphia

Philadelphia has its statue of Rocky. Other towns have plaques and markers about films shot in their area. But Robocop in Detroit? That what fans of the sci-fi cult film want to see happen in motor city. Probably not what Henry Ford had in mind. From sci-fi cult film, to Twitter phenomenon to Detroit landmark-in-the-making. Plans for a statue honoring RoboCop, the half-man, half-machine crime fighter of the 1987 movie, are moving ahead after a group of artists and entrepreneurs in Detroit, Michigan raised more than $50,000 via Facebook and an online fund-raising site. “It hit a sweet spot. It’s
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Democrats could lose public relations battle in Wisconsin

Eventually, the stalemate in Wisconsin will end and Democrats in Wisconsin will have to face what could easily be a  public relations loss in the battle that brought thousands upon thousands of enthusiastic demonstrators to the state capital in Madison. Even Democratic analysts say the tactic is hightailing it out of the state and hiding out in Illinois was a risky tactic at besdt. “This is seen as an extreme action you can interpret in two ways,” Larry Sabato, Director of the University of Virginia Center for Politics, told Reuters. “Wither they are trying to unfairly deny the peoples vote
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