NY Suit to Gauge Effectiveness of Securities Suitability Standard
April 16, 2007
A New York attorney specializing in securities investment fraud has filed a lawsuit that aims to use the securities industry’s suitability standard as the basis for a mortgage fraud claim. Jacob Zamansky, a principal with the Manhattan law firm...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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