After the deal was struck, Bank of America was given 30 days to provide the F.T.C. with a list of borrowers who had been overcharged.
The long list of borrowers, provided in the form of a daily loan register, gives a striking impression of a crisis spreading to every last corner of the financial system.
She noted, for example, that the list of borrowers waiting for a copy of "Nauti Intentions" by Lora Leigh, a popular romance writer, was now 69 — up from an average of 15 or 20 for previous titles by that author last year.
Since the Justice Department's settlement with Navient, the Education Department has told its loan servicers to proactively check their lists of borrowers against a Defense Department database to ensure that active-duty troops aren't paying more than federal law allows.
When the euro crisis intensified in 2010, the list of potential borrowers suddenly lengthened and the IMF needed extra cash.
The rag tag, ambient operations that we have mounted so far are about to be replaced by a more concerted effort, undertaken by a government -- that would be us -- that has none of the prosperity of the 1960s, that is in fact reeling from the weight of debt that could very well push us off the list of reliable borrowers.
It decided to drop a full quarter of them, because they lacked key documents or listed incomes of borrowers that suggested the loans would go into default.
Some are awaiting trial on charges ranging from share-price manipulation to fraud.The central bank has also named the banks' biggest debtors, releasing lists of alleged borrowers who owe about $8 billion in total and ordering them to pay up.
WASHINGTON — Standard & Poor's removed the United States government from its list of risk-free borrowers for the first time on Friday night, a downgrade that is freighted with symbolic significance but carries few clear financial implications.
A compromise between the parties would avert the catastrophic consequences of default, but even if Congress agrees to pay its bills, one of the three credit rating agencies, Standard & Poor's, has said it may remove the United States from its list of risk-free borrowers.
Friday night, however -- for the first time in the nation's history -- S&P downgraded the rating of the nation's long-term debt to AA+, one notch below AAA, meaning that the U.S. has been removed from its list of risk-free borrowers.
