Search Results for: Lehman Brothers

FBI Deputy Director John Pistole said Wednesday the FBI is looking at shifting a number of agents from national security and counterterrorism activities to investigations involving financial fraud, during a hearing before the US Senate...

The National Community Reinvestment Coalition (NCRC) has filed a federal civil rights complaint with the US Department of Housing & Urban Development (HUD) Office of Fair Housing & Equal Opportunity (FHEO) ...

US insurance giant American International Group (AIG) is lobbying state governments to relax strict, recently enacted rules designed to provide greater oversight of the mortgage lending industry, the Wall Street Journal reported Thursday. The rules are contained...

JURIST Contributing Editor Douglas Branson, holder of the the W. Edward Sell Chair in Business Law at the University of Pittsburgh School of Law, offers a 50-year perspective on the structural roots of the current financial crisis in the United...

The US Securities and Exchange Commission (SEC) said Tuesday that it has begun an agency review of US financial accounting procedures, including "mark-to-market" rules, pursuant to the recently-passed $700 billion financial rescue bill...

Lehman Brothers Chairman and Chief Executive Officer Richard Fuld Monday called for a new regulatory scheme for financial firms in testimony before the US House Committee on Oversight and Government Reform . Fuld answered...

The Federal Bureau of Investigation is currently investigating Fannie Mae, Freddie Mac, Lehman Brothers, and AIG along with 22 other financial institutions for possible mortgage fraud , US media outlets reported Tuesday. The investigations...

The Federal Reserve Board on Sunday preliminarily approved applications by independent investment banks Goldman Sachs and Morgan Stanley to convert to bank holding companies, which would put the banks under Federal Reserve regulation, grant them...

New York Attorney General Andrew Cuomo Thursday said his department is conducting an investigation into whether some investors used illegal methods to profit from recent declines in banking and insurance stocks. It is alleged that...

Members of the US Congress spoke out about regulatory changes and investigations following a stock market drop propelled by Lehman Brothers' Chapter 11 bankruptcy filing and the sale of Merrill Lynch on Monday. Speaker of the House...