UBS AG, Switzerland’s largest bank, has agreed to pay $885 million to Fannie Mae and Freddie Mac to settle claims that it improperly sold them mortgage-backed securities during the housing b... Read more
Over the past several months, there have been an unprecedented number of subprime-related suits filed. The worsening economic conditions will result in many more lawsuits being filed this ye... Read more
As I stated above, lots of folks are greatly concerned over the economic woes that face our nation. Over the last several years ordinary citizens were being victimized by corrupt and greedy... Read more
Shareholders have filed a civil lawsuit against Merrill Lynch Chief Executive John Thain and the company’s board of directors over the buyout by Bank of America Corp. The lawsuit, file... Read more
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