Elizabeth Warren says the SEC is failing its core mission by allowing Steven A. Cohen back into the hedge fund business just months after settling with the billionaire for failing to prevent insider trading at his firm.
April 21, 2016
The deal is the third major penalty, and likely the last, between the bank and regulators for activities tied to the financial crisis.
January 15, 2016
In a memo to federal prosecutors, the department says it is putting a new emphasis on prosecuting individuals for corporate wrongdoing, instead of just the companies they work for.
September 10, 2015
Attorney General Eric Holder has instructed U.S. prosecutors to decide within 90 days whether any civil or criminal cases against individuals remain viable for crimes that contributed to the financial crisis.
February 18, 2015
The ratings giant's agreement with the Justice Department settles allegations that it knowingly understated the risk behind many of the financial instruments that caused the financial crisis.
February 3, 2015
In the five years since the crisis, government authorities have won nearly $83 billion in credit crisis and mortgage-related settlements from the nation's six largest banks -- while the banks have earned more than $320 billion in profits.
August 21, 2014
The nation's third largest bank will pay $7 billion to settle a federal investigation into whether it misled investors about the quality of mortgage-related securities that it sold in the run-up to the financial crisis.
July 14, 2014
Nearly six years since the peak of the financial crisis, U.S. prosecutors are still battling the impression that no single bank is too big to jail. But a pair of recent victories may help reverse that perception.
July 1, 2014
An SEC trial attorney used a recent retirement speech to criticize the agency for being too "tentative and fearful" in confronting Wall Street following the 2008 financial crisis.
April 8, 2014
An inspector general's report has called into question the Justice Department's stated commitment to holding people accountable for misconduct that precipitated the financial crisis.
March 13, 2014
Its the largest fine against an American company ever -- and here's how it compares to other recent bank settlements.
November 19, 2013
For the first time, a major U.S. bank has been found liable for fraud in the sale of defective mortgages during the lead-up to the 2008 financial crisis.
October 24, 2013