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Federal Reserve

Obituaries
'Tiny Bundle Of Happiness': Mahwah Mom Struck By Truck Will Be Laid To Rest (TRIBUTE) 'Tiny Bundle Of Happiness': Mahwah Mom Struck By Truck Will Be Laid To Rest (TRIBUTE)
'Tiny Bundle Of Happiness': Mahwah Mom Struck By Truck Will Be Laid To Rest (Tribute) 𝗥𝗘𝗤𝗨𝗜𝗘𝗦𝗖𝗔𝗧 𝗜𝗡 𝗣𝗔𝗖𝗘: A funeral Mass is scheduled this Friday for a Mahwah mom who died of injuries she suffered when she was struck by a pickup truck last week outside her job at the Federal Reserve in East Rutherford. Visitation for the family of Belina Lim Ang will be from 10 a.m. to noon at St. Gabriel the Archangel Roman Catholic Church on East Saddle River Road in Saddle River on Feb. 9. The Mass follows. In an exquisite tribute, Ang's husband Takis and their children Daphne and George describe her as a "tiny bundle of happiness" with a "tenacity and strength of will matched only b…

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by Jerry DeMarco
Police & Fire
Dedicated Mom Clinging To Life After Horrific Crash Outside Work, Mahwah Councilwoman Says Dedicated Mom Clinging To Life After Horrific Crash Outside Work, Mahwah Councilwoman Says
Dedicated Mom Clinging To Life After Horrific Crash Outside Work, Mahwah Councilwoman Says 𝗨𝗣𝗗𝗔𝗧𝗘: A funeral Mass is scheduled this Friday for a Mahwah mom who died of injuries she suffered when she was struck by a pickup truck last week outside her job at the Federal Reserve in East Rutherford. Visitation for the family of Belina Lim Ang will be from 10 a.m. to noon at St. Gabriel the Archangel Roman Catholic Church on East Saddle River Road in Saddle River on Feb. 9. The Mass follows. In an exquisite tribute, Ang's husband Takis, and their children Daphne and George describe her as a "tiny bundle of happiness" with a "tenacity and strength of will matched only by her undeniable…

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by Jerry DeMarco
News
Wall Street Investor With NJ Tie Predicts Economic Downfall Wall Street Investor With NJ Tie Predicts Economic Downfall
Wall Street Investor With NJ Tie Predicts Economic Downfall A Virginia-raised investor with a tie to New Jersey is going viral for his recent prediction on the status of the economy. “The economy is going to collapse,” Novogratz said in a Wednesday, June 15 interview with MarketWatch. “We are going to go into a really fast recession, and you can see that in lots of ways.” The Princeton University graduate's remarks came shortly before the Federal Reserve raised rates by 0.75 percent in an attempt to reduce inflation without going into a recession. Novogratz, CEO of cryptocurrency investment firm Galaxy Digital, cited layoffs in …

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by Nicole Acosta
Police & Fire
Israel’s Largest Bank Pays $900 Million In Offshore Tax Evasion Scheme, Soccer Payoffs Israel’s Largest Bank Pays $900 Million In Offshore Tax Evasion Scheme, Soccer Payoffs
Israel’s Largest Bank Pays $900 Million In Offshore Tax Evasion Scheme, Soccer Payoffs Israel’s largest bank and a Swiss subsidiary agreed in federal court in Manhattan on Thursday to pay $874.27 million to the U.S. Treasury, the Federal Reserve, and the New York State Department of Financial Services to settle offshore tax-evasion charges. At the same time, Bank Hapoalim B.M. and its wholly owned subsidiary, Hapoalim (Switzerland) Ltd., agreed to pay more than $30 million to the United States to resolve a federal investigation into their roles in laundering bribes and kickbacks to the world governing body for soccer. As part of the tax-evasion settlement, Bank Hapoalim B.M.&…

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by Jerry DeMarco
Business
Wells Fargo To Pay States $575M To Resolve Customer Ripoff Claims: NJ, NY, CT Get $34M Wells Fargo To Pay States $575M To Resolve Customer Ripoff Claims: NJ, NY, CT Get $34M
Wells Fargo To Pay States $575M To Resolve Customer Ripoff Claims: NJ, NY, CT Get $34M Wells Fargo Bank has agreed to pay $575 million – including more than $34 million combined to New Jersey, New York and Connecticut – to settle charges that it engaged in a variety of sales, lending, and other improper business practices for more than a decade. The bank also has agreed to pay more than $385 million to 850,000 auto finance customers who were wrongly charged premiums, interest, and fees for forced-place collateral protection insurance, even though they already had the coverage. That includes payments to more than 51,000 customers whose cars were repossessed, according to the m…

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by Jerry DeMarco
Police & Fire
Blue Line Beasts: Wood-Ridge Officer Runs Social Media Monster For Fit Cops Blue Line Beasts: Wood-Ridge Officer Runs Social Media Monster For Fit Cops
Blue Line Beasts: Wood-Ridge Officer Runs Social Media Monster For Fit Cops WOOD-RIDGE, N.J. -- What started as a way for Wood-Ridge Police Officer Mark Torsiello to inspire fellow officers to get fit has become one of the biggest social media communities for members of law enforcement in the country. Blue Line Beasts has garnered more than 110,000 followers since Torsiello launched the page in December 2015. Before working for the Wood-Ridge Police, Torsiello was with the Federal Reserve in New York City and then the Palisades Interstate Parkway Police. No matter where he was, he noticed a common theme among his colleagues. "There were guys were either obse…

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by Cecilia Levine