In testimony before Congress Thursday, Johnson & Johnson’s CEO apologized for the problems that have beset his company, including the quality issues with its children’s medicines and the “phantom recall” of a batch of Motrin. …
The problem of faulty foreclosure documents isn’t limited to GMAC: A JPMorgan Chase employee has testified that she was one of eight managers who combined to sign some 18,000 documents a month without the personal knowledge of …
Mortgage finance giants Fannie Mae and Freddie Mac may not even exist in their current forms after a revamp of the U.S. housing finance system, Assistant Treasury Secretary Michael Barr said on Tuesday. Moreover, “private gains…