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SEC Director of Enforcement Robert Khuzami said investors in the once publicly traded New Century took a double-hit: The company's mortgage assets and business performance became increasingly impaired, and management manipulated its numbers and concealed its deteriorating performance. At one time, New Century's shares traded for $50, New Century was a top-ranked subprime lender and at one point management was considering selling the ...
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Morgan Creek Energy Corp. Appoints John Clayton Weldy Jr. to the Board of Directors
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