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By Phil Mattingly, Bloomberg |
March 6, 2013
The size of the largest financial institutions has made it difficult for the U.S. Justice Department to bring criminal charges when there’s wrongdoing, Attorney General Eric Holder said.
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By Phil Mattingly |
February 11, 2013
Frustration with New York-based S&P, the nation’s largest ratings firm, Moody’s Corp. and Fitch Ratings has existed almost since the current administration took office.
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By Stephen Kirkland and Inyoung Hwang, Bloomberg |
February 5, 2013
Stocks rallied, with benchmark indexes rebounding from the worst losses of the year, as more companies posted improving earnings and Dell Inc. agreed to the largest leveraged buyout since the financial crisis.
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By Phil Mattingly and Edvard Pettersson, Bloomberg |
February 5, 2013
The U.S. is seeking as much as $5 billion in penalties from McGraw-Hill Cos. and its Standard & Poor’s unit as punishment for inflated credit ratings that were central to the worst financial crisis since the Great Depression.
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By Cheyenne Hopkins, Bloomberg |
December 20, 2012
Senior U.S. lawmakers from both parties are seeking more criminal prosecutions for executives tied to financial-industry wrongdoing as the government reaches billion-dollar settlements with UBS AG and HSBC Holdings Plc.
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By Phil Mattingly and Margaret Cronin Fisk, Bloomberg |
November 15, 2012
BP Plc reached a settlement with the U.S. government for $4.5 billion that will end all criminal charges and resolve securities claims relating to the worst U.S. oil spill.
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By Daniel P. Collins |
August 16, 2012
The mere volume of high level financial fraud, in various forms, coming out at us so fast is hard to keep up with.
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By Cheyenne Hopkins and Caroline Salas Gage, Bloomberg |
July 13, 2012
Timothy F. Geithner sent Bank of England Governor Mervyn King recommendations in 2008 to revamp the London interbank offered rate
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By Daniel P. Collins |
June 19, 2012
JP Morgan Chairman and CEO Jamie Dimon faced a little more hostility at Tuesday’s hearings of the House Financial Services committee than last week’s hearings
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By Daniel P. Collins |
June 1, 2012
After six months, Rep. Michael G. Grimm (R-N.Y.) and the Commodity Customer Coalition (CCC) have called on Attorney General Eric Holder to appoint an independent counsel to take over the investigation.
