Congressional Republicans accused leaders of the IRS of lying as they opened the first in a series of hearings about the agency's targeting of conservative groups.» Read More
The Obama Posse is hellbent-for-leather on a misguided crusade to rein in the one clear growth engine of the American manufacturing economy: high-tech.
Colonial BancGroup says it is under criminal investigation by the Department of Justice over alleged accounting irregularities at its mortgage warehouse lending unit.
Indicted Texas billionaire Allen Stanford says the federal government has "coordinated an attack" on his constitutional rights.
Britain's Serious Fraud Office (SFO) froze over $100 million of assets linked to Allen Stanford, the US financier accused of a massive fraud.
Allen Stanford is back in his home state of Texas and is being held at a federal detention facility in Conroe, Texas, about 40 miles north of Houston, according to his attorney.
An examiner appointed by the court to represent investors is recommending the court lift a freeze on nearly four thousand customer accounts from the Stanford Financial Group.
A group of investors who lost millions in the collapse of Stanford Financial Group says it is "shocked" by a request by court-appointed receiver Ralph Janvey for nearly $20 million to cover his expenses.
The chief investment officer for Texas billionaire R. Allen Stanford's companies, Laura Pendergest-Holt, pleads not guilty to two conspiracy counts. She remains free on a $300,000 bond issued after she was arrested in February on an obstruction charge
Attorneys for Texas financier R. Allen Stanford, who is accused by the Securities and Exchange Commission of running a "massive Ponzi scheme," say the agency has "railroaded" their client and now is trying to prevent him from defending himself.
Microsoft and the Justice Department agreed to extend some portions of federal antitrust oversight for 18 months, according to court papers filed Thursday.
Nicholas Cosmo, the Long Island man accused by federal prosecutors of running a $380 million Ponzi scheme, was granted a 30-day continuance by United States District Court Judge Thomas E. Boyle on Friday.
Nicholas Cosmo, the Long Island man accused of running a $380 million Ponzi scheme will appear in Federal Court in Central Islip, New York on Friday.
The names of several thousand clients who lost money investing with Bernard Madoff have been released in a court filing that reads like a Who's Who: former Los Angeles Dodgers pitcher Sandy Koufax, actor Kevin Bacon and even Madoff's defense lawyer.
The woman who pulled in European money for Bernie Madoff has disappeared from view, the New York Times reports.
U.S. Bankruptcy Judge Burton Lifland on Tuesday approved the transfer of $28.1 million to cover expenses tied to the liquidation of Bernard Madoff's investment firm.
For months I've been covering Yahoo and Google's planned advertising partnership and the controversy surrounding it. After Google CEO Eric Schmidt said they're moving ahead with the partnership even without DOJ approval, the companies are changing their tune.
Indiana has sued Countrywide Financial, becoming the latest state to take the mortgage lender to court over its lending practices.
Belgian brewer InBev said on Monday that U.S. antitrust regulators have asked it for additional information regarding its planned takeover of Budweiser beer maker Anheuser-Busch.
Under pressure from the authorities, UBS is considering whether to divulge the names of up to 20,000 of its well-heeled American clients, the NYT reports.
Richard A. Grasso may be able to keep the staggering $185 million award that once made him a symbol of Wall Street greed — a package awarded to him by the A-list board members at the exchange who eventually fired him, the NYT reports.