Reuters reported that the use of FIRREA in the Department of Justice's case against Bank of America could change the relationship between Wall Street and the government regulator.
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Infosys settled with US Department of Justice for US$34 million over visa fraud case.
JP Morgan had conducted an internal probe on approximately 200 employees in Asia regarding the possibility of illegal nepotism.
Apple described the US Justice Department's proposal to regulate its e-book sales as "draconian and punitive."
The federal and state regulators proposed remedies for Apple Inc's e-book price-fixing.
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