JPMorgan Says That Probe On Foreclosure Could Result In Fines

03/12/2011 The wide-ranging probe into the banking industry’s foreclosure practices could cause JPMorgan Chase & Co to be confronted with “material” fines and “significant” legal costs. This was disclosed by the bank Monday in the annual report it filed with securities regulators. The New York-based bank also revealed at year-end in 2010, it was a […]

South Carolina Helped By Drug Companies In Tracking Decongestants

03/12/2011 As part of a crackdown on “smurfing,” a way of collecting key ingredients in the manufacture of methamphetamine, drug companies are helping state law enforcement offices track the sales of a popular over-the-counter decongestant. Authorities hope that the tracking system funded by the pharmaceutical industry will turn the tide in their favour in the […]