The Congressional Oversight Panel created in the wake of TARP to oversee and monitor the Treasury Department has issued a devastatingly clear report about the mortgage mess and its legal implications, which are ugly.
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In the wake of hundreds of failed banks since the 2008 financial crisis, U.S. regulators reportedly have begun 50 investigations into possible wrongdoing by bank executives, directors and employees.
The Federal Deposit Insurance Corp. (FDIC) is lookin…
Wall Street firms’ collective 2010 profits may fall 69% from a year earlier on less activity in the securities industries, more financial regulation, and fewer gains from Federal government bailouts, according to a New York Sta…
Ireland headed into a confrontation Tuesday with leaders of the European Union and other struggling members of the eurozone on whether to seek a financial bailout as jitters continued to disrupt the continent’s financial market…
U.S. credit card delinquencies fell in October to the lowest levels of the year as more people were able to restart payments on their consumer debt, The Wall Street Journal reported, citing company filings.
Con…