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Push to Resolve Toxic Securities Cases Yields Two Big Settlements, One Lawsuit – Wall Street Journal


Wall Street Journal

Push to Resolve Toxic Securities Cases Yields Two Big Settlements, One Lawsuit
Wall Street Journal
In a 12-hour flurry just before Christmas, two big European banks settled mortgage-securities probes with the U.S. Justice Department, agreeing to pay $12.5 billion. Another didn't, and it got sued. The divergent paths represent the distinct fortunes
Flurry of Settlements Over Toxic Mortgages May Save Banks BillionsNew York Times
A Sudden Burst of Activity on Mortgage LitigationBloomberg
Big Banks Agree To Pay $12.5 Billion Just Before Christmas To Settle Crisis Era Toxic Debt ProbesForbes
NPR –TheStreet.com –Los Angeles Times –Charlotte Observer
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