Marcy’s Recent Stories
Economy Sep 29Wells Fargo CEO faces lawmakers, apologizes again
Wells Fargo's CEO, newly stripped of tens of millions in compensation, will face lawmakers with more defenses than he had in the last round.
Politics Sep 20Where do the presidential candidates stand on Wall Street regulation?
The 2008 financial crisis touched off the worst recession since the 1930s Great Depression. Reckless trading and aggressive practices on Wall Street in the prior boom years were pinned with much of the blame.
Politics Jan 13House GOP majority aims to soften financial overhaul law
WASHINGTON — The newly bulked-up Republican majority in the House is aiming to soften the bite of legislation that grew out of the 2008 financial crisis and put banks and Wall Street under the most sweeping rules since the Great…
Economy Aug 21Bank of America to pay nearly $17 billion in settlement with Justice Department
WASHINGTON — The Justice Department has announced a $16.65 billion settlement with Bank of America over its role in the sale of mortgage-backed securities in the run-up to the financial crisis.
Politics May 20DOJ: Credit Suisse guilty plea a warning to foreign banks that aid in U.S. tax evasion
WASHINGTON — Credit Suisse AG's guilty plea and $2.6 billion payment in a high-profile case brought by the Justice Department are being held out as a warning to foreign banks believed to be helping U.S. taxpayers conceal assets.
Nation May 19Swiss bank Credit Suisse charged with conspiring to help tax evaders
WASHINGTON — The Justice Department on Monday charged Credit Suisse AG with helping wealthy Americans avoid paying taxes through offshore accounts, and a person familiar with the matter said the European bank has agreed to pay about $2.6 billion in…