Feb 4 (Reuters) - Federal and state prosecutors intend to bring civil charges against Standard & Poor's for wrongdoing in its rating of mortgage bonds...

Thing One: Scapegoat Snagged: It appears we may have at long last found a patsy for the financial crisis. Kareem Serageldin, former head of structu...

Just how addicted is the stock market to the Fed's easy money? We just got a prime example. Late Wednesday morning, stocks were meandering along, n...

When federal judge Jed Rakoff tossed out a proposed settlement between the Securities and Exchange Commission and banking giant Citigroup on Monday, h...

In a potentially precedent setting ruling on Monday, a federal judge in New York tossed out a settlement between the Securities and Exchange Commissio...

NEW YORK (Reuters) - The Federal Reserve should consider buying more mortgage bonds to support a fragile economic recovery and a downtrodden housi...

The Vietnam War gave us the expression, “We had to destroy the village in order to save it.” The same kind of thinking might help explain the U.S....

The Justice Department is investigating whether the nation’s largest credit ratings agency, Standard & Poor’s, improperly rated dozens of mortgage...

The Federal Reserve's balance sheet grew to another record size in the latest week as the central bank bought more bonds in an effort to support the...

WASHINGTON -- The Federal Reserve Bank of New York has turned down an offer by American International Group to repurchase dodgy mortgage bonds that th...