Relevant:
- FDIC Sues Bank Of America, JPMorgan, Others Over Toxic Mortgage Bonds That Sank Two Illinois Banks
- FDIC Sues Bank Of America, JPMorgan, Others Over Toxic Mortgage Bonds That Sank Two Illinois Banks
- FDIC sues 12 banks over mortgage bonds sold to Colonial
- Banks Sue to Prevent FDIC Sale of Failed Bank’s Loan on W Hotel
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2012-07-21 — huffingtonpost.com
WASHINGTON (AP) — The government has sued several big banks over toxic mortgage securities they issued that were bought by two small Illinois banks which failed in May 2009. The Federal Deposit Insurance Corp., which seized the two banks when they failed, filed the civil lawsuits Friday in federal court. The agency named as...
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