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A legal perspective on the subprime and broader financial crises. Provides coverage and commentary on the litigation, investigations, and legislation stemming from the mortgage meltdown.
Tags: class action, financial crisis, legislation, litigation, loan modification, subprime mortgage
Author: I.M. G. |
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Treasury Official Speaks Out About Excessive Risk TakingOct 23, 2009
At long last, someone in Washington is speaking out about the dangerous precedent set by the government bailouts of major banks. As discussed in this article on the financial regulations website FinReg21, Treasury secretary Michael Barr testified...
Countrywide Files Motion to Dismiss in Greenwich Financial CaseOct 9, 2009
With Greenwich Financial v. Countrywide having been remanded to New York state Supreme Court, Countrywide has now filed a Motion to Dismiss, arguing that Greenwich Financial's Complaint is barred by the operative securitization agreements. As discussed...
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