S&P Settles Claims for Over 1 Billion Dollars
Summary: S&P has settled claims stemming from the financial crisis with the Justice Department, many of the individual states, and other…
mortgage backed securities
Jefferies Group LLC, MBS Fraud, and Arrests
Jefferies Group LLC is an American global investment bank and institutional securities firm headquartered on Madison Avenue in New York.…
JPMorgan Adds to its Litigation Reserve by More Than $1.5 Billion
JPMorgan is the largest bank by asset holdings in the United States. The firm has recently increased its reserve allocated…
S&P’s First Amendment Defense in Mortgage Backed Security Ratings Case Rejected by Federal Court
When the bubble burst on the housing market, it triggered a chain reaction in part because of mortgage backed securities…