U.S. Top News Early Edition: BofA settles on mortgage repurchase claims

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	06/29/2011
Good Morning Omss LATEST NEWS BofA settles on mortgage repurchase claims (Reuters) - Bank of America Corp settled nearly all of the claims related to the legacy Countrywide-issued first-lien residential mortgage-backed securitization (RMBS) repurchase exposure for $8.5 billion in cash . | Full Article Greek parliament approves austerity law with 155 votes June 29, 2011 09:33 AM ET ATHENS (Reuters) - Greece's parliament approved a five-year austerity plan on Wednesday with 155 votes in favor and 138 votes against, suggesting Prime Minister George Papandreou was on track to win backing for a second law on Thursday. | Full Article U.S. cost of war at least $3.7 trillion and counting June 29, 2011 09:33 AM ET NEW YORK (Reuters) - When President Barack Obama cited cost as a reason to bring troops home from Afghanistan, he referred to a $1 trillion price tag for America's wars. | Full Article Police search Kabul hotel after Taliban attack kills 9 June 29, 2011 08:54 AM ET KABUL (Reuters) - Afghan police sifted through one of Kabul's landmark hotels room by room on Wednesday for any more casualties, securing the building after an overnight assault by Taliban suicide bombers killed eight Afghan civilians and police and a foreigner. | Full Article Asia looks to "friend" Lagarde to honor IMF pledges June 29, 2011 05:46 AM ET SINGAPORE (Reuters) - Asia's fast-rising economies set their sights on securing key IMF appointments under newly named chief Chistine Lagarde Wednesday, hopeful she would be the one to make good on oft-heard pledges to swing more power to emerging markets. | Full Article BUSINESS NEWS Futures point to third day of gains on Greece, BofA June 29, 2011 09:27 AM ET NEW YORK (Reuters) - Stock index futures pointed to a higher open on Wednesday after Greece's parliament passed an unpopular austerity plan critical to avoiding a debt default. | Full Article Bank of America expects loss after settlement June 29, 2011 08:50 AM ET NEW YORK (Reuters) - Bank of America Corp said it expected to take more than $20 billion in charges after settling with mortgage bond investors, resulting in a second-quarter loss. | Full Article D.Boerse-NYSE ask EU regulators for deal approval June 29, 2011 09:04 AM ET BRUSSELS (Reuters) - Deutsche Boerse and NYSE Euronext formally sought EU approval for their planned $9 billion tie-up on Wednesday, triggering a lengthy review expected to focus on the derivatives and clearing businesses. | Full Article General Mills' 2012 outlook below Street view June 29, 2011 08:44 AM ET NEW YORK (Reuters) - General Mills Inc forecast weaker fiscal-year earnings than Wall Street expected as the food company gets hammered by higher costs for ingredients and fuel. | Full Article Lehman adds creditor support, new bankruptcy plan June 29, 2011 08:48 AM ET NEW YORK (Reuters) - Lehman Brothers Holdings Inc said it has received a wider base of support from creditors for its reorganization, and filed a new plan it hopes will help it emerge from bankruptcy and pay creditors faster. | Full Article HEALTH NEWS Old osteoporosis drug may help in killing flu viruses Patients plead to keep Avastin for breast cancer Benefit of mammograms even greater than thought Can the Internet help you lose weight? Surgeons in Medtronic trials omitted results: report RELATED VIDEO Egyptian police fire tear gas Violence flares before Greek austerity vote Violence returns to Cairo's Tahrir Square A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. » MORE NEWSLETTERS ODDLY ENOUGH Woman sprays police with breast milk Full Article Country bans night travel to end road carnage Russian scientists expect to meet aliens by 2031 And the most sedentary U.S. city is.. China to use droppings to count endangered pandas Seven arrested after Joburg's police chief burgled - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend

Marine Veteran Takes On Liberal Senator

Dear Newsmax Reader: Please find below a special message from our sponsoring advertiser, The Senate Conservatives Fund. They have important information to share with you. Thank you. Newsmax.com Dear Fellow Conservatives: I am very proud to announce the endorsement of State Treasurer Josh Mandel for U.S. Senate in Ohio. This is the first Senate Conservatives Fund endorsement for the 2012 elections, and we're launching an all-out SCF Surge to raise $100,000 for Josh Mandel's campaign before the end of the week. Please make a contribution today so he can defeat U.S. Senator Sherrod Brown (D-Ohio), the most liberal politician in the Senate. Support Josh Mandel for U.S. Senate in Ohio In the Republican primary race, Josh Mandel is the candidate favored by the grassroots. SCF members in Ohio are very excited about his candidacy and have urged us to support his Senate campaign. We're answering the call today, and we're going to do everything we can to help the people of Ohio elect a new senator who shares their values. Record of Results Josh Mandel is a true conservative with an impressive record of accomplishment. He served 8 years in the Marine Corps Reserves, 3 years as a city councilman, 4 years as a state legislator, and is currently the state treasurer in Ohio. Having served two tours in Iraq as a Marine intelligence specialist and having been elected to local and state offices in Ohio, there is no question that Josh Mandel has served his country and his state with honor and distinction. VIDEO: Learn More About Josh Mandel As city councilman, Josh Mandel led the fight for the first property tax rollback in his city's history. In the state legislature, he stood up to the teacher's unions to expand school choices for children with special needs. And as state treasurer, he has cut spending and is working to make state government more transparent. This is a remarkable young man who has accomplished more in the last 10 years than most senators accomplish in lifetime. I have personally gotten to know Josh over the past several months and our team has thoroughly reviewed his record. What we learned is that Josh and his wife, Ilana, are united in taking on this challenge for all the right reasons. We're confident that Josh Mandel has the courage to go to Washington and stand up to the big spenders in both political parties. This man is a leader and we need him in the United States Senate. Principled Conservative Josh Mandel is a full-spectrum conservative with a genuine commitment to the timeless American principles of limited government, a strong national defense, and traditional family values. Josh Mandel strongly supports all of the SCF policy goals. He supports the Balanced Budget Amendment, a ban on congressional earmarks, a ban on government bailouts, and the full repeal of President Obama's health care takeover. He is also 100% pro-life, supports traditional marriage, and will defend our Second Amendment right to keep and bear arms. Support Josh Mandel for U.S. Senate in Ohio If Josh Mandel is nominated by Republicans in Ohio to face Sherrod Brown next November, it will be one of the biggest political showdowns in the country. The race will pit a young conservative leader with the principles and determination to restore America's greatness against a liberal career politician who is responsible for near double-digit unemployment and over $14 trillion in debt. Consider the contrast: Brown voted FOR the Wall Street bailout. Mandel opposes it. Brown voted FOR the $787 billion stimulus bill. Mandel opposes it. Brown voted FOR President Obama's government takeover of healthcare. Mandel wants to repeal it. Brown voted FOR the Cash for Clunkers program. Mandel opposes it. Brown voted for FOR union intimidation using "card check" elections. Mandel opposes card check. Brown voted AGAINST permanent repeal of the death tax. Mandel supports full repeal. Brown voted AGAINST the earmark moratorium. Mandel supports the ban. Brown voted AGAINST defunding Planned Parenthood. Mandel supports defunding it. Brown SUPPORTS cap-and-trade legislation that will destroy jobs. Mandel opposes it. Brown SUPPORTS raising the debt limit. Mandel opposes it. On issue after issue, the choice is clear. Josh Mandel fights for freedom while Sherrod Brown fights for dependency. SCF Surge The second quarter reporting period ends this Thursday, June 30 at midnight. We need to launch Josh Mandel's campaign by raising as much money for him as possible before the deadline. Please make a secure, online contribution to Josh Mandel's campaign today, and help the Senate Conservatives Fund reach our goal of raising $100,000 before the second quarter deadline. Support Josh Mandel for U.S. Senate in Ohio When you make a contribution to Josh Mandel's campaign through the Senate Conservatives Fund, we pay all of processing fees so he gets 100 percent of your donation. He will also benefit from knowing that conservatives are standing with him in this fight for our nation's future. Thank you for your willingness to fight for America's future. Together, we can take America back. Respectfully, Jim DeMint United States Senator Chairman, Senate Conservatives Fund Not paid for at taxpayer expense. Contributions to Senate Conservatives Fund PAC are not deductible as charitable contributions. Contributions from corporations or foreign nationals lacking permanent resident status are not permitted. Federal law requires Senate Conservatives Fund PAC to report the name, mailing address, occupation and employer for each individual whose contributions aggregate in excess of $200 in a calendar year. Paid for by Senate Conservatives Fund PAC. 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Politics News & Analysis: Another conflict brings Kerry and McCain together

If you have difficulty viewing this newsletter, click here to view as a Web page. Click here to view in plain text. Wednesday, June 29, 2011 Top Stories Another conflict brings two friends together Paul Kane For 25 years, war has fortified — and nearly destroyed — the ties binding John McCain and John F. Kerry. The two senators, who returned from Vietnam on opposite ends of the war and who split over Iraq, have in recent weeks come together to try to forge a new American foreign policy for the rapidly changing Arab world. A long and bumpy relationship Senate panel endorses Libya campaign Obama adviser grilled on Libya PostPolitics Headlines Palin goes to Iowa Obama in Iowa: campaign redux Pawlenty's foreign policy vision Matching Supreme Court justices Happy birthday, President Reagan Bulger prosecutors drop some charges FBI looks at Arlington Cemetery procedures Wildfire sparks nuclear fears in N.M. The Fix Why Michele Bachmann is no Sarah Palin Pawlenty seeks distance from opponents on foreign policy Afternoon Fix: Former Bachmann aide says office was "wildly out of control" 44: Politics & Policy First family goes on safari Obama, Palin both headed for Iowa Obama to meet with Senate leaders on debt, deficit Ezra Klein Reconciliation An imbalanced debate won't lead to a balanced solution Innovation opportunities, not innovation problems More Headlines New IMF chief Lagarde faces immediate tests Terrorist captured; then what? Home prices rise modestly in April Deal struck on long-stalled trade pacts Afghan officials lash out at former central bank head who fled to U.S. Opinions Position of strength Learning from honest cynic Mitch McConnell WhoRunsGov Allen, the good soldier Lt. Gen. John R. Allen, the nominee to lead U.S. forces in Afghanistan, told a Senate panel yesterday that he supported President Obama's troop withdrawal plan, though it was "a bit more aggressive" than he had anticipated. Story | Allen's profile Behind the showdown Newsletter | Click here to sign up for the Behind the government showdown newsletter. Congressional votes database Browse every vote in the U.S. Congress since 1991. Explore the database House votes Senate votes Get The Washington Post, your way. Want to stay on top of the latest news, features, commentary and more? Here's how: Mobile: Alerts: Social Media: Applications Web site E-mail SMS RSS Feeds Facebook Twitter SEND TO A FRIEND UNSUBSCRIBE E-NEWSLETTER CENTER GET HELP Washington Post Digital E-mail Customer Care 1150 15th Street NW Washington, D.C. 20071 ©2011 The Washington Post Privacy Policy