An Illinois man was sentenced Friday by a federal judge in Rhode Island to more than three years in prison for shipping unwanted penis enlargers to diabetes patients as part of a larger fraud scheme that prosecutors say bilked $2.2 million from Medicare over four years.
New York Attorney General Eric Schneiderman, a lead investigator into the mortgage collapse that wobbled the U.S. economy, hasn't taken the title "Sheriff of Wall Street" that one of his predecessors rode all the way to the governor's mansion.
Ben Bernanke says declines in home prices have forced many Americans to cut back sharply on spending warns that the trend could continue to weigh on the economy for years.
Mississippi's share of the landmark settlement with the nation's top mortgage lenders should be about $47.1 million, according to Attorney General Jim Hood.
A landmark settlement with the nation's biggest mortgage lenders over foreclosure abuses will deliver about $266 million in aid to the Pennsylvania for struggling homeowners or people who lost their homes, state Attorney General Linda Kelly said Thursday.
State Attorney General Kamala Harris announced Thursday that the nationwide settlement with banks over foreclosure abuses could be worth up to $18 billion to Californians who were among those hardest hit by the crisis.
The money Utah will receive from a national settlement with big mortgage lenders might not be enough to pay every homeowner entitled to receive a share, state lawyers said Thursday.
A technical bug caused Citigroup, the nation’s fourth largest bank by deposits, to double the charge for online customer bill payments in recent months. The New York Times reports.
Thursday, 9 Feb 2012 | Source: The Associated Press
A fight is breaking out between the money-market mutual fund industry and federal regulators. Whatever the outcome, investors will question whether they can continue to rely on money funds as a safe place to keep cash readily accessible.
Thursday, 9 Feb 2012 | Source: The Associated Press
The average rate on the 30-year fixed mortgage stayed at a record low this week, providing some added incentive for those looking to buy a home or refinance.
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