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financial crisis

Goldman Sachs to Initiate Fresh Round of Job Cuts: Here’s What You Need to Know

According to insiders familiar with the matter, Goldman Sachs is gearing up for a new round of job cuts targeting…

Biglaw Firms Rush to Save Bank from Collapse with ‘Emergency Rescue’ Deal

In an effort to avoid Credit Suisse joining the ranks of Silicon Valley Bank and Signature Bank, teams of financial…

Vermont Law Undergoes Faculty Changes

Summary: Vermont Law School is trying to save costs by reducing the size of its workforce. Vermont Law School announced…

Deutsche Bank Fights $14 Billion Order

Summary: Deutsche Bank is the latest bank to enter into negotiations with the Department of Justice over their part in…

Goldman Sachs Reaches $5.06 Billion Settlement

Summary: For their actions during the financial crisis of 2007 to 2009, the Goldman Sachs Group will pay $5.06 billion…

Banks Have a Mere $65 Billion in Outstanding Legal Costs

Summary: Although many banks have already paid significant sums for their roles in the 2008 financial crisis, many still face…

Deutsche Bank Paying for Their Role in the Financial Crisis

Summary: Deutsche Bank has yet to resolve several legal issues from their participation in the financial crisis, resulting in large…

Bank of America Seeing Strong Profit Numbers

Summary: The Bank of America is recovering strongly after the $13 billion settlement last year with state and federal regulators.…

Charleston School of Law to Continue Accepting New Students

Summary: Students for the fall 2015-16 academic year will be accepted to the law school even though the future of…

S&P Settles Claims for Over 1 Billion Dollars

Summary: S&P has settled claims stemming from the financial crisis with the Justice Department, many of the individual states, and other…

Major Banks Reporting High Legal Expenses

Summary: As government agencies continue to review evidence against banks for any wrongdoing committed during the financial crisis, these banks…

Senator Elizabeth Warren Slams Banking Regulatory Agencies

Summary: Senators criticized the Department of Justice and banking regulatory agencies for failing to take stern action against bankers whose…