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Sunday, October 22, 2017
regulators
The sign outside the Wells Fargo & Co. bank in downtown Denver April 13, 2016. REUTERS/Rick Wilking

Regulators Danced With Wells Fargo For Years Before Penalties

Federal regulators were aware of wrongdoing at banking giant Wells Fargo & Co. as early as March 2012 and issued a string of supervisory letters ordering changes over the next three years, holding off on penalties while the creation of phony bank accounts and falsely issued credit cards to pad employee bonuses continued.

September 21, 2016

Wall Street, Still Betting Against America

In another display of Wall Street morality, the Securities and Exchange Commission is investigating whether hedge funds made insider trades benefiting from Standard & Poor’s U.S. credit downgrade last month. According to the Wall Street Journal: Securities regulators have sent subpoenas to hedge funds, specialized trading shops and other firms as they probe possible insider […]

September 20, 2011