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  • Get Ready for the Great MERS Whitewash Bill Friday, 12 Nov 2010 | 9:45 AM ET

    When Congress comes back into session next week, it may consider measures intended to bolster the legal status of a controversial bank-owned electronic mortgage registration system that contains three out of every five mortgages in the country.

  • Scrutiny Takes Toll on For-Profit College Company Wednesday, 10 Nov 2010 | 11:48 AM ET

    Over the last few months, Kaplan and other for-profit education companies have come under intense scrutiny from Congress, amid growing concerns that the industry leaves too many students mired in debt, and with credentials that provide little help in finding jobs. The New York Times reports.

  • gavel_books_200.jpg

    The Supreme Court seemed wary about a business-backed challenge that could make it almost impossible for consumers to band together to make claims against their cell phone carriers, cable providers and credit card companies.

  • Goldman Fined $650,000 for Disclosure Violation Tuesday, 9 Nov 2010 | 12:10 PM ET
    Fabrice Tourre, who is accused of fraud in a Securities and Exchange Commission lawsuit over a mortgage-linked investment, prepares to testify before the Senate Homeland Security and Governmental Affairs Investigations Subcommittee on Capitol Hill on April 27, 2010.

    Industry regulators have fined Goldman Sachs $650,000 for failing to disclose that two of its brokers, including the executive accused of leading the mortgage securities deal that brought civil fraud charges against the firm, were under investigation by the government.

  • At Legal Fringe, Empty Houses Go to the Needy Tuesday, 9 Nov 2010 | 10:25 AM ET

    Do-it-yourself house possession cases have been popping up all over the country — and these self-proclaimed owners play an odd role in a real-estate mess that never seems to end. The NYT reports.

  • Company Accused of Firing Over Facebook Post Tuesday, 9 Nov 2010 | 8:45 AM ET

    In what labor officials and lawyers view as a ground-breaking case involving workers and social media, the National Labor Relations Board has accused a company of illegally firing an employee after she criticized her supervisor on her Facebook page.

  • Feds Sue to Close Massey Mine in Kentucky Wednesday, 3 Nov 2010 | 5:14 PM ET

    The U.S. Department of Labor wants a Kentucky coal mine owned by troubled Massey Energy  closed over a pattern of serious violations, according to a federal lawsuit filed Wednesday.

  • Maine Police Stop Using Remington Rifles Friday, 29 Oct 2010 | 2:08 AM ET
    Remington Model 700 rifle

    The police department in Portland, ME, has become the latest law enforcement agency to stop using a popular sniper rifle over concerns the gun can go off without the trigger being pulled.

  • Homeowners Facing Foreclosure Demand Recourse Thursday, 28 Oct 2010 | 10:29 AM ET

    As lenders have reviewed tens of thousands of mortgages for errors in recent weeks, more and more homeowners are stepping forward to say that they were victims of bank mistakes — and in many cases, demanding legal recourse. The NYT reports.

  • The Carnage of Wall Street's Mortgage Frenzy Wednesday, 27 Oct 2010 | 12:10 PM ET
    home loans

    The two stories related to mortgages do not have a great deal in common, other than tracing their lineage to the home loans of dubious provenance that were doled out to anyone with a pulse between 2005-07 and quickly packaged up into securities and sold by Wall Street to accounts around the planet.

  • In Clearing Bayou, Quagmire for Goldman Friday, 22 Oct 2010 | 10:37 AM ET
    Samuel Israel, founder of the Bayou Group

    Newly unsealed court documents — including Goldman e-mail and internal reports — portray a firm that at times seemed to turn a blind eye to its own internal concerns about Bayou as it raked in fees from the hedge fund. The NYT reports.

  • 'Mini-Madoff' Sentenced to 14 Years Thursday, 21 Oct 2010 | 7:23 PM ET
    Arthur Nadel

    Disgraced fund manager Art Nadel was sentenced Thursday to 14 years in prison after pleading guilty to defrauding investors of over $160 million.

  • Remington Model 700 rifle

    The manufacturer of the world’s most popular hunting rifle has been wrestling for decades with questions about whether the gun is safe, and at least twice considered a nationwide recall of the gun, according corporate insiders and internal documents revealed in a ten-month CNBC investigation.

  • Why Guns Can Only Be Recalled by Manufacturer Tuesday, 19 Oct 2010 | 3:48 PM ET
    Remington Model 700.

    Internal company documents show that at least twice, the Remington Arms Company considered a nationwide recall of its popular 700 series rifles, but decided against it despite thousands of complaints and dozens of lawsuits over inadvertent discharges.

  • Inside Remington Rifle's Controversial Trigger Tuesday, 19 Oct 2010 | 1:55 PM ET
    Remington Model 700P

    At the heart of the decades-long controversy over the Remington 700 series is a piece of metal that is roughly the length of a paper clip.

  • Some Sand in the Gears of Securitizing Tuesday, 19 Oct 2010 | 10:58 AM ET

    Was the great securitization machine that made hundreds of billions of dollars in mortgage loans based on a legal foundation of sand? The NYT asks.

  • Norwegians Convicted for Outwitting 'Trading Robots' Thursday, 14 Oct 2010 | 5:29 AM ET

    The two men worked out how the computerized system would react to certain trading patterns – allowing them to influence the price of low-volume stocks. The FT reports.

  • Citigroup Accused of Gender Discrimination in Suit Thursday, 14 Oct 2010 | 5:25 AM ET

    Citigroup was accused in a lawsuit Wednesday of using companywide layoffs during the recent financial turmoil to purge its work force of scores of female employees to save the jobs of less-qualified men.

  • Mario Batali, Partners Sued Over Tips at NY Eatery Wednesday, 13 Oct 2010 | 9:02 AM ET

    Just days after being awarded a coveted fourth star by The New York Times, the Mario Batali-helmed restaurant Del Posto is contending with a lawsuit filed by 27 workers who say they weren't paid a legal wage.

  • Ohio Attorney General Fights Against Wall Street Tuesday, 12 Oct 2010 | 10:30 AM ET

    Back East, at the corner of Broad and Wall Streets, the view is swell. The Dow is soaring, and bankers look pleased. But here on East Broad Street, in Ohio, the mood is gloomier. The NYT reports.