After Bank of America agreed to pay nearly $17 billion to the DOJ, CNBC's Larry Kudlow, and Andrew Stoltmann, Stoltmann Law Offices, debate former Wells Fargo CEO Dick Kovacevich's view that the government extorted Bank of America.» Read More
The hotel maid who accused former International Monetary Fund chief Dominique Strauss-Kahn of sexual assault remains on the payroll of New York's Sofitel Hotel, CNBC has learned from a source close to the investigation.
France is in shock again in the Dominique Strauss-Kahn saga, as in the latest twist of the story the Socialist politician and former head of the International Monetary Fund (IMF) could be cleared of accusations of sex crimes against a maid in a New York hotel.
The Justice Department, which has raised antitrust concerns about college football's Bowl Championship Series, will meet with the organization this summer.
CNBC's Mary Thompson with the latest developments on Goldman's downgrade, as the government turns up the heat on the investment bank.
Lenny Dykstra, an outfielder for the New York Mets and Philadelphia Phillies known by the nickname "Nails," has been indicted for bankruptcy fraud and embezzlement from the bankruptcy estate.
A top Justice Department official says a sweeping guilty verdict in a Florida mortgage fraud case adds another face to the financial crisis.
An estimated half million Americans have a painful decision to make between today and August 31 — admit to the IRS that they’ve been hiding secret offshore bank accounts, or take their chances the government won’t find out about their secret horde and possibly send them to jail.
Conflicts of interest, excessive risk-taking and failures of government oversight triggered the financial crisis and helped push the country into the deepest recession since the Great Depression, concludes a new report by the U.S. Senate.
Competition and AT&T's market share will be one of the major factors in approving the telecom firm's proposed $39 billion merger with Deutsche Telekom's T-Mobile, Federal Communications Commission Chairman Julius Genachowski told CNBC Tuesday.
The Department of Justice said Thursday that it is seeking an order from a federal court in San Francisco to authorize the IRS to ask for information from the global bank HSBC about Americans who may be hiding money in offshore accounts in India to dodge taxes.
Fund manager Raj Rajaratnam made $1 million in two minutes of frantic calls after receiving an inside tip about a big investment in Goldman Sachs at the height of the financial crisis, prosecutors said this week at the Galleon founder's insider trading trial.
Dozens of foreign companies with London listings may be exempt from new anti-corruption laws, Ken Clarke has confirmed, a disclosure that will anger investors keen to preserve the integrity of London’s markets, the Financial Times reports.
Secretly-recorded audio played by prosecutors reveals a phone conversation between hedge fund executive Raj Rajaratnam and his brother Rengan in which Rengan was concerned that the media had picked up on the deal.
A former executive assistant at Disney who schemed with her boyfriend to sell secrets about the company's finances has been sentenced to four months of home confinement.
The panel appointed by Congress to investigate the causes of the financial crisis referred a handful of cases involving potential wrongdoing to the Justice Department, a person close to the investigation said Monday evening. The New York Times reports.
Comcast and NBC Universal have received government approval for their joint venture — this afternoon both the Federal Communications Commission and the Department of Justice gave the deal the okay with certain conditions. This clears the way for the deal to close before the end of January.
In a new classified report to Congress, US intelligence officials reveal that they have seen more than a dozen allegations in three years of misconduct by American intelligence community employees who were moonlighting at outside jobs.
As Attorney General Eric H. Holder Jr. promotes his crackdown on financial fraud, it’s worth looking critically at who is being singled out and why that might be. The New York Times reports.
The Department of Justice has responded to a blistering critique by a government investigator of its investigation of Beazer Homes, the troubled Atlanta-based homebuilder that has come under fire for alleged mortgage fraud.
Struggling to reduce traffic jams and a high crime rate, Maastricht is pushing to make its legalized use of recreational drugs a Dutch-only policy, banning sales to foreigners who cross the border to indulge.