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Govt: $4.2B recovered in probing health care fraud

The government says it recovered almost $8 for each dollar it spent investigating health care fraud over the past three years, including a record $4.2 billion last year.

U.S. seals mortgage settlement with top banks

The U.S. government said on Thursday that the biggest U.S. banks will provide $25 billion in relief to distressed homeowners and states, as officials hold lenders responsible for taking illegal shortcuts during foreclosures and other mortgage paperwork.

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