Credit Crunch Digest - November 2010


In This Issue:

Subprime Lawsuit Against ING Substantially Dismissed; Bank of America Sued for Losses Related to Countrywide Bonds; Goldman Faces Lawsuit Over Sale of CDO to German Bank; Countrywide Granted Dismissal of MBS Case; Madoff Family Members Ask Court to Halt Suit Against Them; Suit Against Madoff Feeder Fund Proceeds; Allen Stanford Not Entitled to $100 Million of Directors and Officers Insurance; Obama Administration Rejects Nationwide Freeze on Home Foreclosures; FDIC Seeks to Recoup Losses by Going After Failed Bank Directors and Officers; and Treasury Department Calculates Expected Loss From Federal Bailouts.

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Published In: Business Organization Updates, Finance & Banking Updates, Insurance Updates, Residential Real Estate Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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