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In a keynote speech at the Retirement Income Industry Association conference in February 2007, Bank of America executive Dan McNamara told an audience packed with insurance executives that he believed his company would eventually be a bigger force in the retirement business than any of theirs.
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The Kohr family owed $11.7 million to its creditors and about $300,000 in local taxes, according to the settlement statement for the county's acquisition of land in Lauxmont Farms.
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