Report: J.P Morgan covered up bad loans — emails
In undocumented e-mails obtained by the New York Times, troubled bank JPMorgan reportedly covered up several bad loans they had been shoveling into the financial system some 4 years ago. An outside assessment More...
Report: Iran waging cyberwar on U.S
WASHINGTON, DC: According to U.S secretary of defense Leon Panetta, the United States is preparing for a cyberwar with the country of Iran after U.S officials told the media that Tehran has been preparing attacks More...
Bank of America to pay more than $2billion in Lynch settlement
Bank of America announced today that the firm has agreed to pay more than $2.3billion in its Merril Lynch settlement stemming from the near financial crisis of 2008. Investors claimed that they were misled during More...
Tim Pawlenty ditches Mitt Romney
Former Massachusetts governor Tim Pawlenty has fled the Mitt-an-ic, literally. According to reports, Pawlenty has accepted the job as head C.E.O of Financial Services Roundtable one of the most powerful lobbying More...
