Tuesday 13 April 2010

Summary Box: Investigators say find fraud in WaMu - CNBC

Summary Box: Investigators say find fraud in WaMu - CNBC: "WaMu's management failed to stem the fraudulent practices despite internal probes by the bank, according to the new report by the investigative panel of the Senate Homeland Security and Governmental Affairs Committee.
WHAT'S NEXT?: The panel is holding hearings this week on the WaMu failure. It will decide afterward whether to make a formal referral to the Justice Department for possible criminal prosecution, its chairman says."
Read more

Wednesday 31 March 2010