• New York sues banks over electronic mortgage system

    NEW YORK (Reuters) - New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices.2/3/2012 | Reuters

  • Stanford had secret fund for bribes, yacht: witness

    HOUSTON (Reuters) - Texas financier Allen Stanford drew on a secret Swiss bank account for personal expenses such as yacht maintenance and to pay bribes, the government's top witness said at Stanford's fraud trial on Friday.2/3/2012 | Reuters

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