• U.S. vows to root out mortgage, corporate fraud

    The U.S. Justice Department sought to assure lawmakers on Wednesday that prosecutors are rooting out mortgage and corporate fraud after Wall Street's meltdown wiped out trillions of dollars in investments and laid bare the gaps in regulation.
  • US says AIG should lower retention payments

    The U.S. Treasury Department is pushing American International Group to cut big pay incentives it claims were needed to keep staff but which have stoked a controversy over pay at taxpayer-supported firms.