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"department of justice" tag

Financial crisis bank fines hit record 10 years after market collapse

Since the outbreak of the financial crisis in 2007, financial institutions have paid more than Qatar’s GDP in fines for their wrongdoings. As investigations and lawsuits continue, that number is expected to grow. $150 billion...

US government sues to prevent merger of AA and US Airways

The US government has challenged the merger of American Airlines and US Airways, saying it would cause “substantial harm” to consumers. The carriers could launch their own legal challenge or agree to concessions. On Tuesday,...