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FBC The Willis Report March 27, 2014

Gerri we begin tonight with new concerns over reverse mortgages. As the market grows and grows there is mounting criticism the way some banks handle the deals. Across the country people finds out hopes they thought were theres are taken away. It happened to laura when the bank sped up bidding on her fathers foreclosure. We have mark from stern cool school of business who studies the issue. Laura, i will start with you. A lot of folks dont know what a reverse mortgage is. It is exactly like what it sounds. Instead of you paying the bank for a house, the bank pace you. It is an arrangement more and more seniors are doing. Laura, your father had a reverse mortgage. What happened when you tried to buy back the house . Well, i was one of the lucky ones. I was there with my father when he filled out the paperwork and, right now, our issue is not buying back the house at this moment. We were promised that i would, he was promised that i would have 12 months to be able to figure that out. As a ....

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BLOOMBERG In The Loop With Betty Liu July 25, 2014

The Worlds Largest ontime rate online retailer, known for operating on razor thin margin, saw more than double what was expected. The news is wearing on investors and the stock is down 10 in premarket trading. I want to bring in the head of north american research. Also joining us is jason, an analyst at oppenheimer. Why do investors seem to care now . Weve known they want to operate at a loss . This is the Second Quarter in a row where the stock has reacted negatively to quarterly earnings. Theirors on the margin patience is wearing thin with the investment at all costs and topline growth at all costs, at the expense of profit. It is an issue that management is starting to think about. They are starting to play hardball with some of their suppliers, for example on the media side, with hachette. They want tothat, they dont want to raise prices. The ceo cfo made no bones about ....

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FBC The Willis Report January 8, 2013

Is because it is being over faced. Melissa all right. Thats all the money we have for you today. We will see you back here tomorrow. Here is the willis report. Gerri hello, everybody. Im gerri willis. This is the things we get. Bailed out insurance giant aig now considering suing the federal government after it received a 182 billion taxpayer bailout, just a few years ago. Why . Well, it claims shareholders were cheated. Fox business Liz Macdonald joins me with the inside scoop. Reporter you know, the inside scoop is that basically this has d. C. Reacting big time. We have congress saying, wait a second. You guys got a big taxpayer bailout. Nell you guys are basically the Poster Company for corporate greed. Now youre the Poster Company for corporate heads but, and actually, it was a letter sent to the board and ceo of aig ....

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FBC The Willis Report January 9, 2013

Consider oreilly. I will see you tomorrow. Gerri hello, everybody. Im gerri willis. This is the things we get. Bailed out insurance giant aig now considering suing the federal government after it received a 182 billion taxpayer bailout, just a few years ago. Why . Well, it claims shareholders were cheated. Fox business Liz Macdonald joins me with the inside scoop. Reporter you know, the inside scoop is that basically this has d. C. Reacting big time. We have congress saying, wait a second. You guys got a big taxpayer bailout. Nell you guys are basically the Poster Company for corporate greed. Now youre the Poster Company for corporate heads but, and actually, it was a letter sent to the board and ceo of aig that said, dont even think about it from the congressman. Gerri they dont like that. Did not like that. And for this ....

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KGO ABC7 News 500AM January 8, 2013

Pilot today, after having toxicology tests. They will check out the ship and they will revisit the environmental conditions on the bay yesterday at noon when the 751 oil tanker, you can see it right there, anchored between Treasure Island and alcatraz and sideswiped a tower of the bay bridge. Look where it sideswiped the tower, closest to the island on the San Francisco side. It damaged the hull. This is a doublehulled ship. But this is being described as close call by the environmental groups. The currents are moving fast and a lot of damage can happen when oil is on the water. Abc7 has come up with information on the bar pilot. He is 61yearold guy kleess with 30 years of maritime experience mostly on oil tappers for exxon and became a bar pilot in 2005 and in 2010 his license was put on hold because federal regulators denied a request for a medical wave. We do not have deta ....

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