December 2011
5 posts
“These material misstatements occurred during a time of acute investor interest...”
– Securities and Exchange Commission enforcement division director Robert Khuzami • Discussing the civil fraud charges that the SEC filed against six former top execs at Fannie Mae and Freddie Mac, charges that came about due to alleged misrepresentation of investors’ exposure to the subprime mortgage...
“The U.S. Treasury Department is investigating whether Bank of America, Wells...”
– Did banks illegally foreclose on active-duty troops? | McClatchy