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View Full Version : GEs Former Subprime Unit Probed For Possible Fraud - Huffington Post



FraudNews
01-21-2012, 12:30 AM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGq0VpAE4tYyrU0aS_4sB N1RqA2Fgamp;url=http://www.latimes.com/business/la-fi-mortgage-probe-20120120,0,7684946.storyimg src=//nt0.ggpht.com/news/tbn/RGVmRcEWjCJvlM/0.jpg alt= border=1 width=80 height=53 /br /font size=-2Los Angeles Times/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHD1RbP5m9Hynhh2coMG0 Ofthm1Igamp;url=http://www.huffingtonpost.com/2012/01/20/wmc-mortgage-corp-ge-subprime_n_1219920.htmlbGE#39;s Former Subprime Unit Probed For Possible bFraud/b/b/abr /font size=-1bfont color=#6f6f6fHuffington Post/font/b/fontbr /font size=-1The FBI and the Department of Justice are probing possible bfraud/b at WMC Mortgage Corp., the former subprime mortgage division of General Electric, reports the Center for Public Integrity#39;s Michael Hudson. Federal authorities are quot;asking whether WMC b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFW0o47de5kvcJTF_XzOo wTEWO_cAamp;url=http://njtoday.net/2012/01/20/feds-investigating-possible-fraud-at-ges-former-subprime-unit/Feds Investigating Possible bFraud/b At GE#39;s Former Subprime Unit/afont size=-1 color=#6f6f6fnobrNJ TODAY/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFMpDa35xkL05BbFDI_2t AhJvs0wAamp;url=http://www.foxbusiness.com/industries/2012/01/20/report-feds-probe-ex-ge-subprime-lender-for-fraud/Report: Feds Probe Ex-GE Subprime Lender for bFraud/b/afont size=-1 color=#6f6f6fnobrFox Business/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGq0VpAE4tYyrU0aS_4sB N1RqA2Fgamp;url=http://www.latimes.com/business/la-fi-mortgage-probe-20120120,0,7684946.storyGE lending unit said to be target of US probe/afont size=-1 color=#6f6f6fnobrLos Angeles Times/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=dlmB9Q7AvUfgKdMZcSYi 01UIc-RVMnobrball 22 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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