U.S. Charges JPMorgan Suits for ‘Spoofing’ Precious Metals Markets – CCN.com

| Source: Lorimer Images/Shutterstock The United States Department of Justice has charged three gold and precious metals traders from JPMorgan on suspicions of market manipulation. The alleged bad actors include Gregg Smith, 55, Michael Nowak, 45, and Christopher Jordan, 47 — alongside other suspected co-conspirators. At the time of the charges, Smith is an executive director […]

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The Return of Mortgage-Backed Securities: Private Banks Ready to Play Fannie Mae and Freddie Mac – CCN.com

The Trump administration has proposed privatizing and downsizing Fannie Mae and Freddie Mac. Will this usher the return of mortgage-backed securities? | Image: A sign in front of the Fannie Mae headquarters is photographed in Washington February 11, 2011. The Obama administration unveiled on Friday a plan to unwind the government-controlled mortgage buyers Fannie Mae […]

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