November 30, 2012
Mortgage Backed Securities Litigation - More Financial Crisis In The Courts
Posted by David Zaring

These sorts of suits should be the heart of the way that the financial crisis finds itself subject to resolution in the courts - if it was indeed these toxic securities were sold under false representations taken about the care with which they were selected that caused the crisis.  It's a contest between "buyer beware" and "seller be truthful," and it looks like the courts are quite willing to entertain the claims by private litigants, even as agencies have only sanctioned a few institutions for their conduct in the area.  Stay tuned.

Finance, Financial Crisis, Financial Institutions | Bookmark

TrackBacks (0)

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8345157d569e2017ee5c728ce970d

Links to weblogs that reference Mortgage Backed Securities Litigation - More Financial Crisis In The Courts:

Bloggers
Papers
Posts
Recent Comments
Popular Threads
Search The Glom
The Glom on Twitter
Archives by Topic
Archives by Date
August 2014
Sun Mon Tue Wed Thu Fri Sat
          1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31            
Miscellaneous Links