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$205M AmBase Award Stands In Suit Tied To S&L Crisis

By Lana Birbrair (October 31, 2011, 10:22 PM EDT) -- A federal judge reaffirmed Monday that the U.S. must pay $205 million to AmBase Corp. in a breach of contract suit claiming regulators broke promises made to encourage the company's predecessor to acquire struggling thrift banks during the 1980s savings and loan crisis....

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