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SEP 16, 2014 - Huffington Post

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Corinthian Colleges Sued For Luring Students With Talk Of 'Bogus' Job Prospects

WASHINGTON, Sept 16 (Reuters) - The U.S. consumer finance watchdog on Tuesday sued Corinthian Colleges for alleged predatory lending, saying that the for-profit institute lured students into taking out private student loans by touting "bogus" job prospects and using illegal debt-collection methods. The Consumer Financial Protection Bureau said it wants the company to pay $500 million in relief for the ...

Tags: Corinthian Colleges Sued For Luring Students With Talk Of 'Bogus' Job Prospects,  Financial Conduct Authority Latest News

SEP 16, 2014 - Huffington Post

A Must Read - Share

Corinthian Colleges Sued For Luring Students With Promise Of 'Bogus' Job Prospects

WASHINGTON, Sept 16 (Reuters) - The U.S. consumer finance watchdog on Tuesday sued Corinthian Colleges for alleged predatory lending, saying that the for-profit institute lured students into taking out private student loans by touting "bogus" job prospects and using illegal debt-collection methods. The Consumer Financial Protection Bureau said it wants the company to pay $500 million in relief for the ...

Tags: Corinthian Colleges Sued For Luring Students With Promise Of 'Bogus' Job Prospects,  Financial Conduct Authority Latest News

SEP 12, 2014 - Zero Hedge

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Why PIMCO Thinks "The Bursting Bubble" Is Not The Biggest Risk

Authored by PIMCO's Paul McCulley, When I entered the Fed-watching business over three decades ago, a clich├ęd phrase of advice from graybeards was: “Watch what they do, not what they say.” Thinking back, there was not actually much Fed rhetoric to either watch or hear. Paul Volcker was new in the job of Fed Chairman, Ronald Reagan had just been ...

Tags: Why PIMCO Thinks "The Bursting Bubble" Is Not The Biggest Risk,  Financial Conduct Authority Latest News

SEP 12, 2014 - Business Insider

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Banks Join Forces In Push For Coordinated FX Settlement: Sources

By Jamie McGeeverLONDON (Reuters) - Banks caught up in the British investigation into alleged manipulation of global currency markets are pushing for a coordinated settlement that would reduce their exposure to potential reputational damage, banking and legal sources told Reuters.In the year since the scandal surfaced, regulatory authorities have yet to show proof of criminal activity or manipulation of benchmark ...

Tags: Banks Join Forces In Push For Coordinated FX Settlement: Sources,  Financial Conduct Authority Latest News

SEP 12, 2014 - Yahoo! News

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Banks join forces in push for coordinated FX settlement: sources

By Jamie McGeever LONDON (Reuters) - Banks caught up in the British investigation into alleged manipulation of global currency markets are pushing for a coordinated settlement that would reduce their exposure to potential reputational damage, banking and legal sources told Reuters. The sources said that a settlement with the Financial Conduct Authority (FCA) is now being sought on the basis ...

Tags: Banks join forces in push for coordinated FX settlement: sources,  Financial Conduct Authority Latest News