Members of one of Occupy Wall Street’s offshoots, Occupy Our Homes, were arrested Monday and Tuesday demonstrating outside the headquarters of the Department of Justice in Washington. According to Washington police the protesters attempted to enter the building. About 100 protesters with groups called the Home Defenders League and Occupy Our Homes marched on the [...]

The Department of Justice has filed a civil lawsuit against Standard and Poors alleging that S&P engaged in a scheme to defraud investors in structured financial products known as Residential Mortgage-Backed Securities (RMBS) and Collateralized Debt Obligations (CDOs). The lawsuit alleges that investors, many of them federally insured financial institutions, lost billions of dollars on [...]