Justice Department files civil suit against Wells Fargo

October 11, 2012 - 05:00 PM
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Douglas interview October 10, 2012

The federal government is suing Wells Fargo, a San Francisco based bank, for hundreds of millions of dollars. Housing regulators say the nation's largest mortgage lender misrepresented the quality of thousands of loans to make them eligible for federal loan insurance.

Danielle Douglas, financial reporter for The Washington Post, discussed that and other business headlines on Capital Insider.

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