Tuesday, January 29, 2008

FBI probes 14 companies over home loans (AP)



The J. Edgar Hoover FBI Building, pictured in this undated file photo. The FBI has opened investigations into 14 corporations as part of a crackdown on improper subprime lending, agency officials said on Tuesday. (file/Reuters)AP - The FBI on Tuesday said it is investigating 14 companies for possible accounting fraud, insider trading or other violations in connection with home loans made to risky borrowers.




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