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Goldman Agrees to $5 Billion Deal Over Faulty Mortgages
The deal is the third major penalty, and likely the last, between the bank and regulators for activities tied to the financial crisis.
January 15, 2016
Steven Cohen Settles Insider Trading Case with SEC
The billionaire investor known as the hedge-fund king will be barred from managing the money of his clients for the next two years.
January 8, 2016
How $80 Billion in Corporate Fines Can Become $48 Billion in Tax Breaks
Government fines have been turned into billions in corporate tax deductions, finds a new study.
December 4, 2015
Justice Department Signals a Shift in its Policing of Wall Street
In a memo to federal prosecutors, the department says it is putting a new emphasis on prosecuting individuals for corporate wrongdoing, instead of just the companies they work for.
September 10, 2015
Cleared of Phone Hacking, Rebekah Brooks to Return to News Corp.
The return marks a striking reversal of fortune for Brooks, who stepped down in 2011 during the height of Britain's phone hacking scandal.
September 2, 2015
BP to Pay Record $18.7 Billion to Settle Gulf Oil Spill Claims
The 2010 Deepwater Horizon oil rig explosion killed 11 people and poured millions of barrels of oil into the Gulf of Mexico.
July 2, 2015
SEC Chief Endorses Stricter Standards for Investment Advice
The chairwoman of the Securities and Exchange Commission told one of Wall Street's primary trade groups Tuesday it was her "personal view" that financial advisers should be required to place their clients' interests ahead of their own.
March 17, 2015
Are 401(k) Fees Making Companies Richer at the Expense of Workers?
The cost of investing in a workplace retirement plan, like a 401(k), might not be so high, says attorney Jerome Schlicter, if businesses weren't breaking the law.
March 3, 2015
White House Sets Sights On New Rules For Retirement Advice
Conflicts of interests in the financial services industry are costing Americans at least $17 billion each year in lost retirement savings, according to the White House.
February 23, 2015
Holder Sets Deadline in Final Push for Financial Crisis Cases
Attorney General Eric Holder has instructed U.S. prosecutors to decide within 90 days whether any civil or criminal cases against individuals remain viable for crimes that contributed to the financial crisis.
February 18, 2015
S.&P. to Pay $1.38 Billion for Once Rave Ratings of Toxic Mortgages
The ratings giant's agreement with the Justice Department settles allegations that it knowingly understated the risk behind many of the financial instruments that caused the financial crisis.
February 3, 2015