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JPMorgan pays $153.6 million to settle fraud accusations about mortgage-backed securities
Money & CompanyJPMorgan Chase & Co. is paying $153.6 million to settle accusations that it misled investors about mortgage-backed securities it sold just as the financial crisis was beginning. The Securities and Exchange Commission said in a complaint filed in Manhattan... -
Treasury's holdings of mortgage-backed securities drop below $100 billion as sell-off continues
Money & CompanyThe Treasury Department said Wedneday it had recovered about 65% of the $225 billion it spent to purchase mortgage-backed securities to help stabilize the housing market during the financial crisis as the government continues to slowly sell off its... -
Report: Justice Department joins probe of Chinese firms' accounting
Money & CompanyThe Nasdaq Stock Market is getting hit today, with the composite index down 1.1% at about 12:45 p.m. PDT, even as the Dow industrials and most other U.S. market indexes are positive. One factor in Nasdaq’s slump: A report that...... -
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Barry Minkow gets 5 years in prison in Lennar fraud case
Money & CompanyBarry Minkow, former boy-wonder businessman, former born-again minister, former fraud buster and former FBI informant, is headed back to prison. A federal judge in Miami handed Minkow, 45, a five-year sentence Thursday -- the maximum possible term on... -
Stock markets expect to open on time Monday
Money & CompanyThe New York Stock Exchange and the Nasdaq Stock Market were expected to open as usual for trading on Monday, as the worst of Hurricane Irene passed. It wasn't clear how many market employees would be able to get to...... -
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L.A. firm accused of stealing millions from investors shut down
Money & CompanyThe Securities and Exchange Commission has obtained an emergency court order shutting down a Los Angeles company that claimed to invest in life insurance policies, but instead allegedly used investor money to finance the owner’s luxury lifestyle.... -
SYRIA: Death of popular Sunni cleric stirs unrest in Aleppo
Babylon & BeyondThe funeral of an outspoken Sunni cleric who died under tight security in a hospital Tuesday interrupted the calm that has largely prevailed in the Syrian commercial center of Aleppo. Dr. Ibrahim Salkini, the Sunni mufti of Aleppo and dean of theology... -
Barry Minkow heads back to prison
Money & CompanyBarry Minkow: The judge also said Minkow should be placed in a work camp at Maxwell Air Force Base in Alabama, but the federal Bureau of Prisons decided camp wasn't appropriate. "The Feds found a way to be a bit punitive and put me in an 'administrative... -
Former Nasdaq executive pleads guilty to insider trading
Money & CompanyA former Nasdaq executive pleaded guilty Thursday to trading stocks based on inside information he gained while working for the stock exchange. Donald Johnson admitted in a Virginia federal court that he made trades on eight occasions between 2006 and....... -
Wall Street: Stocks stand still; gold falls again
Money & CompanyDow Jones industrial average: Trading now at 10783.74, up 0.1% from Friday....
Jun 21, 2011
| Los Angeles Times
Jul 6, 2011
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Sep 29, 2011
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May 25, 2011
|Story| AP Member Choice Complete
Jul 21, 2011
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Aug 28, 2011
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May 26, 2011
|Story| AP Member Choice Complete
Sep 2, 2011
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Sep 6, 2011
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Sep 20, 2011
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May 26, 2011
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Sep 26, 2011
| Los Angeles Times
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