The Deal Is Only Good At A Single For-Profit Diploma Mill With A History Of Complaints And Issuing Worthless Degrees On Monday, Fiat Chrysler Automobiles (FCA) announced that all 118,000 U.S. dealership employees at its U.S. dealerships will get the opportunity for free college tuition. The degrees will be offered as a benefit at no-cost […]
Bank of America Tops the JD Power List of the Most Hated Banks It may be 8 years since the onset of the worst financial crisis in American history since the Great Depression but Americans still haven’t forgiven the banks for the role they played in creating the crisis. In its latest survey of the U.S. […]
NYDFS Gets $600K In Deutsche Bank Libor Rigging Fine Deutsche Bank on Thursday became the latest big bank to settle with the NYDFS. The NYDFS accused the Deutsche Bank contributed to rigging Libor interest rates. The London Interbank Offered Rate, the interest rate of choice for trillions of dollars in municipal bonds, mortgages, student loans […]
Deutsche Bank Fined $2.5B For Scheming With Other Banks Deutsche Bank on Thursday became the latest big bank to settle accusations that it contributed to rigging Libor interest rates. The London Interbank Offered Rate, the interest rate of choice for trillions of dollars in municipal bonds, mortgages, student loans and other debt. To settle the […]
Quicken Loans Faces Losing Billions Of Dollars If Found Liable Under False Claims Act Detroit-based Quicken Loans has been sued by the DOJ today under the False Claims Act. The DOJ alleges that Quicken bullied appraisers to receive higher values for applicants. They also allege underwriting managers encouraged underwriters to “fudge” the incomes of hundreds […]
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