Obama implores top bankers to increase lending WASHINGTON - President Barack Obama implored top bankers Monday to help keep the fragile recovery from faltering by boosting lending to small businesses and getting behind an overhaul of financial regulation. "We rise and fall together," he declared. Heavy rain prompts flood warnings from NC to NY RICHMOND, Va. - Relentless rain swept along much of the Atlantic seaboard Thursday, triggering coastal flood warnings and watches from North Carolina to Long Island. U.S. cuts pay at bailed out firms, BofA hits back WASHINGTON (Reuters) - The U.S. pay czar on Thursday slashed compensation for top earners at seven bailed-out companies for the final two months of the year, and was immediately slammed by the country's largest bank which claimed the cuts could send talent fleeing.
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