Banks Duped Credit Unions Into Deadly Bonds: Feds
In one of the most aggressive such actions to date, the feds are suing two financial institutions for talking credit unions into bad-risk bonds that ended up destroying the companies. JP Morgan Chase and the Royal Bank of Scotland talked five credit unions into investing in $3 billion in mortgage…
Originally posted here:
Banks Duped Credit Unions Into Deadly Bonds: Feds
Posted by
on June 21, 2011. Filed under News, World News.
You can follow any responses to this entry through the RSS 2.0.
You can skip to the end and leave a response. Pinging is currently not allowed.