First Powerball Winners: We Were Shocked

Nov. 30 (Bloomberg) -- Mark and Cindy Hill, of Dearborn, Missouri, are the first winners of the record $588 million Powerball jackpot to go public. The Hills are taking the lump-sum option ($293,750,000 before taxes, about $136.5 million after taxes). Here are highlights of their press conference. (Source: Bloomberg)
Bank Misconduct Fines Are Concern, Bafin's Hufeld Says
02:02 - Germany’s biggest banks have sufficient capital to cope with mounting legal bills judging from what can be seen today, and it's of "paramount importance" for banks to fix their internal oversight processes, Felix Hufeld, president of German banking regulator Bafin, said. He spoke Wednesday with Bloomberg's Nicholas Comfort at the Banken Im Umbruch conference in Frankfurt, hosted by Handelsblatt. (Source: Bloomberg)
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