Monday, August 8, 2011

NYTimes: A.I.G. to Sue Bank of America Over Mortgage Bonds

From The New York Times:

A.I.G. to Sue Bank of America Over Mortgage Bonds

The suit seeks to recover more than $10 billion in losses on mortgage-backed securities, claiming Bank of America and its affiliates misrepresented the quality of the underlying mortgages.

http://nyti.ms/qVcOV5


Sent from my iPad

No comments: