|
||
Relevant: |
2012-09-20 — bloomberg.com
For the second time in less than a week, bank investors got a reminder the companies can't escape from bad mortgages sold during the U.S. housing boom.
A bondholder group that last year won a preliminary $8.5 billion settlement from Bank of America Corp. said yesterday it was escalating its fights with Morgan Stanley and Wells Fargo & Co. (WFC) That followed a Sept. 14 lawsuit against JPMorgan Chase & Co. (JPM) by bond insurer MBIA Inc. (MBI) that underscored how existing cases are strengthening the hands of those seeking compensation. source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |