|WMC Probe Focuses on FraudFormer subprime lender said to be target of federal probe
Jan. 20, 2012
By MICHAEL HUDSON and E. SCOTT RECKARD Los Angeles Times – McClatchy-Tribune Information Services
|LOS ANGELES — Federal authorities are investigating possible fraud at General Electric Co.’s former subprime mortgage arm amid increased public pressure to hold Wall Street accountable for its role in the financial crisis.
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