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JPMorgan Chase Bank, National Association, Columbus, Ohio Assumes All the Deposits of First Republic Bank, San Francisco, California

WASHINGTON-– First Republic Bank, San Francisco, California, was closed today by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver.  To protect depositors, the FDIC is entering into a purchase and assumption agreement with JPMorgan Chase Bank, National Association, Columbus, Ohio, to assume all of the…

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Financial Illiteracy Is Harming California’s  Students

Prof. Mark Harris and Tatiana Howell | Special to CBM Partners Financial illiteracy is harming California’s  students. The issue of young   people being  unprepared for adulthood is often attributed to a lack of financial literacy. However, we believe that the root of the problem lies in the fact that many adults in California are themselves…

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A Carson School Responds With A “Community Of Care” CARE”

Carson, CA – In a school serving more than 80% of students on the federal free and reduced lunch program, many of them experiencing housing insecurity, the key word to student academic success is “care.” Magnolia Science Academy in Carson (MSA-3)  located at 1254 E Helmick St, Carson, CA 90746, a STEAM (science, technology, engineering, arts and math)-based public charter school…

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The State of Black America Reveals How Hate Continues to Rise in the U.S.

The State of Black America, which also drew from information from the Brennan Center, noted that the FBI reported that white supremacists posed a “persistent threat of lethal violence” that has produced more fatalities than any other category of domestic terrorists since 2000. By Stacy M. Brown NNPA Newswire Senior National Correspondent @StacyBrownMedia The National…

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Sophia Stewart, the Creative Genius Behind the “Matrix” and “Terminator” Film Franchises, Honored as a Trailblazer Who Inspired Millions

Sophia Stewart  is an incredible American woman who’s made a major impact in the world of film and she is the creative genius behind the “Matrix” and “Terminator”  film franchises. Stewart is a prodigy, a talented screenwriter, author of several books on Matrix and Terminator, poet, and attorney who graduated from CUNY and went to…

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The Southern Truth: Autocracy, Not Democracy, is On Display at Los Angeles City Hall With the Selection, Not Election, of Heather Hutt

By Gloria Zuurveen Editor-in-Chief Lord have mercy on Los Angeles and its leaders. Today it was reported on one of the local news channels that Heather Hutt had been selected by Council President Paul Krekorian, with all members approving accept one, Councilwoman Monica Rodriguez, who was the lone no” vote — citing what she called…

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Open Letter Concerning District 10 Special Election

  Councilmember Paul Krekorian City Council President 200 N. Spring Street Los Angeles, Ca 90012 Re: Open Letter Concerning District 10 Special Election Councilmember Krekorian: I am writing you as a retired 50-year employee of the City of Los Angeles, having served 38 years with the LAPD and 13 years as a City Councilmember. Monitoring…

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