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Financial Services

MassMutual-Sage opens Emmett office

MassMutual Financial Group dba Sage Wealth Management opened an office this month at 2005 E. Quail Run Road, Emmett. A grand opening was held Jan. 19. Jeremiah Vickery and Justin Walker manage the office, which occupies 1,500 square feet. Janet ...

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Bankruptcies rise more modestly in 2010 (access required)

Bankruptcy attorney Jon Wilson remains busy. “We have seen, over the past three years, bankruptcies continue to increase due to the difficult financial times,” said Wilson, who owns Ada Bankruptcy Service and Wilson Law Offices in Boise. Idaho bankruptcy filings ...

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Blackfoot native named to SLC Fed Branch (access required)

Blackfoot native Albert T. Wada will sit on the Federal Reserve Bank of San Francisco as a director of the Salt Lake City Branch. Wada will replace Park City, Utah, resident Annette Herman Harder on the seven-member board. Wada, of ...

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SJC rules against banks on mortgage assignments

Tom Egan The Supreme Judicial Court has upheld a Land Court judge’s decision in U.S. Bank v. Ibanez invalidating foreclosure sales conducted by two plaintiff banks to which mortgages had been assigned. “We agree with the judge that the plaintiffs, ...

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Swiss bank objects to Tamarack offer

UPDATED: A Swiss bank-led lender group owed hundreds of millions by Tamarack Resort has raised objections to a proposal to sell the vacation development to an Idaho investment company. However, it may not impact prospective buyer Green Valley Holdings from ...

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Changes to Idaho pension plan could be debated

A central Idaho lawmaker says changes to the Public Employee Retirement System of Idaho could be debated in the approaching Legislative session. House Majority Caucus Chairman Ken Roberts of Donnelly, a Republican, says there has been a lot of discussion ...

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AEHI executives take leave until court rules

Two executives have taken a leave of absence from Alternate Energy Holdings Inc. while a court considers allegations of investor fraud against the company trying to build a $10 billion nuclear power plant. CEO Don Gillispie and Vice President Jennifer ...

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SEC suspends trades of Alternate Energy securities

The Securities and Exchange Commission has temporarily suspended trading of securities of Alternative Energy Holdings, Inc., an Idaho company that wants to build a nuclear reactor. The federal securities regulator took the steps in part due to questions it has ...

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Green ventures don’t get better bank terms

Being sustainable and “green” did not help North End Organic Nursery when owners sought start-up construction financing a year ago. “Everything we’ve gotten has been based on good old-fashioned credit,” said Lindsay Schramm, who owns the north Boise business with ...

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