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“Holy crap!” That’s how Craig Price, a UBS AG senior vice president , told securities regulators he reacted when he saw the $2,600 tab for a client-development dinner he attended at an upscale Palm Beach , Florida, restaurant. It wasn’t the size of the bill that stunned him. It was who paid for it -- an ailing, 90-year-old UBS client. The client wasn’t even at the dinner, but the broker who managed her trust was. So was the broker’s girlfriend, a longtime confidant of the client who had power of attorney over the trust. The trust paid the bill. Price dug deeper . He says he ultimately discovered bigger charges to the trust: a Bentley in the girlfriend’s name, a trip to Toronto on a private jet and an attempted fund transfer to buy a penthouse apartment in the girlfriend’s name. Nancy Tsai and Dennis Melchior Photographer: Patrick McMullan/PMC Price alerted his superiors, setting off a chain of events that would become tabloid fodder. The broker, Dennis Melchior, was quickly fired fo...

Each year public housing is thoroughly inspected in four key areas, and for almost a decade the Leo Paluch Apartments and its management has been ranked at the top. “Thanks to the hard work of our staff and the guidance of the Allen Park Housing Commission Board of Directors, I was able to lead our organization to our ninth straight year as a high-performing agency,” said Andrew Hill, executive director of the Allen Park Housing Commission . The four areas that were evaluated, along with the commission’s score, are as follows: ●Financial review — perfect score. ●Management review — perfect score. ●Capital Fund review — perfect score. ●Physical review — 31 out of 40. The combined total of the four independent U.S. Department of Housing and Urban Development reviews is 91 percent. That’s good news not only to the residents of the Leo Paluch Apartments and their families, but to the city of Allen Park as well. “Bottom line...the better we do, the better the city of Allen Park will d...