Relevant:
- UBS paying $50M to settle SEC charges on bond sale
- Swiss UBS paying $885M to settle US claims over sales of mortgage bonds to Fannie, Freddie
- Fannie Mae, Freddie Mac spent $100 million on former executives' legal bills
- Goldman Sachs to pay US$3.15b to settle mortgage case
- Fannie, Freddie legal fees: $110 million and counting
2011-12-19 — chron.com
"That's right, you are. Just when it seemed as if the government might actually be making progress in holding some high-ranking officials accountable for the mortgage crisis, Matt Stoller rains on our parade. The former policy adviser for Rep. Alan Grayson writes on the Naked Capitalism blog that the Federal Housing Finance Agency has agreed to pay the legal fees for the six housing executives sued by the Securities and Exchange Commission last week."
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