U.S Agency Set to Sue World’s Largest Banks Over Mortgages

U.S Agency Set to Sue World’s Largest Banks Over Mortgages

The U.S Federal Housing Finance Agency which is responsible for overseeing Fannie Mae and Freddie Mac is set to sue a dozen of the world’s largest banks, alleging the lenders…

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Goldman Sachs Defends Itself

Goldman Sachs Defends Itself

On Tuesday Goldman Sachs defended itself against charges of government civil fraud. One executive claimed the band “would never intentionally mislead anyone.” The amazing surge in profit of Goldman Sachs…

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Goldman Sachs Charged with Fraud

Goldman Sachs Charged with Fraud

The government has accused Goldman Sachs of defrauding investors by failing to disclose conflicts of interest in mortgage investments it sold as the housing market was faltering. The Securities and…

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