Wednesday, June 20th, 2018

News Tagged - 'investigation'

Who to Believe When it Comes to Credit Report Mistakes?

The 60 Minutes report on credit reporting and the three big bureaus earlier this year uncovered a host of problems. How to decipher the double talk and get into the details.

When Financial Entities are Sued by Government

August 2, 2013

On Thursday, American consumers learned of two more instances where financial entities are sued by the government.

Fannie Mae & Freddie Mac Mortgages, Announcements & Scandals

July 5, 2013

With Fannie Mae and Freddie Mac, it’s akin to “two steps forward and one step back” as the agencies improve in some areas and deal with scandals in other areas.

Wells Fargo Home Rebate Card Rewards Program

May 30, 2013

Is Wells Fargo trying to offset some of the bad publicity it’s received in recent months? It just announced a milestone with its rewards credit card for mortgage holders.

Why Did Schnucks Hide Massive Breach?

April 16, 2013

Schnucks Supermarket knew about a massive credit card breach at its stores but it still continued accepting debit and credit cards from its customers instead of putting protective mechanisms in place.

Madoff Brother Faces 10 Years

December 14, 2012

As his older brother, Bernard, spends 150 years in prison, Peter Madoff is looking at 10 years.

Dimon Will Testify in Senate on Massive Loss

May 28, 2012

JPMorgan Chase CEO, Jamie Dimon, has agreed to testify in June before the Senate. He’s expected to explain the massive $2 billion loss.

Former GE Bankers Convicted of Muni Bond Bid Scheme

May 21, 2012

3 former General Electric bankers have been found guilty of defrauding several cities and the IRS in a massive rigging scheme involving bids and municipal bonds.