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Back to Home » September 2011 News » Feds sue big banks over sales of risky investments |
Feds sue big banks over sales of risky investments |
September 03, 2011
NEW YORK (AP) -- The government on Friday sued 17 financial firms, including the largest U.S. banks, for selling Fannie Mae and Freddie Mac billions of dollars worth of mortgage-backed securities that turned toxic when the housing market collapsed....
Source URL: http://hosted.ap.org/dynamic/stories/U/US_BIG_BANKS_LAWSUIT?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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