South Dakota rancher pleads guilty to falsely claiming 129 cattle died in 2013 autumn blizzard + MORE Nov 21st

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WASHINGTON – Austin Kiplinger, the longtime chairman and editor-in-chief of a financial publishing company that bore his name, has died, his son said. He was 97.
Kiplinger died Friday at a hospice in Rockville, Maryland, where he was treated briefly after receiving hospice care at home, said his son, Knight Kiplinger. The cause of death was brain cancer, most likely a melanoma that had spread to his brain, his son said.
A prominent figure in Washington journalism and civic life, Kiplinger led the publishing company founded by his father for nearly 35 years. Before taking over Kiplinger Washington Editors Inc., he worked as a newspaper, radio and television reporter. The company publishes newsletters and magazines on personal finance and business.
The company was founded in 1920 by his father, W.M. Kiplinger. Austin Kiplinger took it over upon his father’s death in 1967. Even after circumstances forced him to become a businessman, he remained a journalist at heart, his son said…

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RAPID CITY, S.D. – A South Dakota rancher has pleaded guilty in federal court to falsely claiming he lost more than a hundred cattle during the autumn blizzard of 2013 that left ranchers in the state reeling with financial losses.
Karl Knutson pleaded guilty Friday as part of a deal with prosecutors, the Rapid City Journal (http://bit.ly/1kNPPO4 ) reported. The agreement dismisses a felony count of making a false statement, and prosecutors are recommending Knutson be sentenced to probation and fines.
Knutson’s indictment said he submitted a claim in May 2014 to the U.S. Department of Agriculture’s Farm Service Agency for the loss of 129 head of cattle in the October blizzard, even though the Vale rancher actually lost at most 13.
Court documents say the disaster payment for that claim would have paid out nearly $117,000.
The indictment also says Knutson told the agency in “a handwritten invoice” in August 2014 that he paid $135,350 for 103 head of cattle that he didn’t actually buy…

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NORTH CHARLESTON, S.C. – Hillary Rodham Clinton said in South Carolina on Saturday she is willing to split apart big financial institutions should the need arise.
The Democratic primary front-runner told Democrats gathered at a rally in North Charleston that she has the “toughest” proposals for dealing with Wall Street. She says would “break up the big banks” if necessary and hold top financial executives accountable.
“I go after not just the banks,” Clinton told the crowd, pledging a tough approach to regulating the industry despite receiving tens of millions in speaking fees, donations to the family foundation and campaign cash from Wall Street in her career. “I go after the hedge funds, big insurance companies, shadow banking.”
The issue of Clinton’s long-running ties to Wall Street is getting a fresh look after last weekend’s Democratic presidential debate. Both of her primary rivals back reinstating the law known as Glass-Steagall, which once separated commercial and investment banks…

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