Global Market Reports

US newspaper round-up: Wells Fargo, Wal-Mart, Toyota...

Date: Wednesday 10 Oct 2012

Wells Fargo engaged in a long-standing practice of reckless and fraudulent mortgage lending that cost the government hundreds of millions of dollars in insurance claims when those loans went bad, federal prosecutors alleged Tuesday. In a civil lawsuit filed in Manhattan federal court, government lawyers accused the San Francisco-based bank of...

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