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Authorities in New York and Connecticut are investigating whether Wall Street banks hid crucial information about high-risk loans bundled into securities that were sold to investors, Connecticut's Attorney General said Saturday. ...more
January 13, 2008
The federal regulator who oversees Fannie Mae and Freddie Mac on Thursday accused New York's attorney general of overstating risks the mortgage finance companies face from faulty home appraisals. ...more
November 9, 2007
The social networking Web site Facebook has been warned that it could face a consumer fraud charge for failing to live up to claims that youngsters there are safer from sexual predators than at most sites and that it promptly responds to concerns, a spokesman for New York Attorney General Andrew Cuomo said Sunday. ...more
October 1, 2007
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