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The federal lawyers are asking the judge in New Orleans to approve the $20 billion dollar Gulf oil settlement. The case has been battled for years in court by the Justice Department and is considered the bigggest settlement in the U.S history.

Scottie Pippen's former investment banker has been sentenced to three years in prison. The verdict was due to multiple accounts of fraud committed against the former NBA star together with other victims.

Bangladesh Bank weighs lawsuit against NY Fed over hack of the Federal Reserve Bank of New York. An internal report by the Bangladesh bank says that the hackers stole $81 million from its accounts with the NY Fed.