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By David Morrison |
November 7, 2011
A CDCU already in the media spotlight for having run afoul of Goldman Sachs was the focus of a NBC story about Bank Transfer Day this past Saturday.
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By Claude R. Marx |
November 6, 2011
The NCUA has failed to prove that J.P. Morgan Securities the firm made “material misrepresentations” to the corporate credit unions when selling them residential mortgage-backed securities, according the firm’s court filing. And with that J.P. Morgan asked a federal judge to dismiss the agency’s June lawsuit against it.
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By Claude R. Marx |
November 1, 2011
Investment house says it informed corporates of risk.
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By David Morrison |
October 24, 2011
Investment bank giant pulls out of sponsorship of Lower East Side People's FCU event.
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By David Morrison |
September 2, 2011
Legal field against some big banks getting crowded.
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By Paul Gentile |
August 24, 2011
Last week, the NCUA added to its list of targets by suing Goldman Sachs for $491 million for losses corporates endured due to mortgage-backed securities. This is the fourth suit filed by the NCUA against securities firms, seeking a total of $2 billion in damages.
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By Robert McGarvey |
August 22, 2011
U.S. Central peaked out at $2.8 billion, N.C. State Employees' at $489 million, WesCorp averaged $100 million a day.
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By Claude R. Marx |
August 17, 2011
The NCUA sued investment bank Goldman Sachs last week, seeking damages of more than $491 million and alleging misrepresentations by the firm when selling mortgage-backed securities to U.S Central and Western Corporate credit unions.
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By Claude R. Marx |
August 9, 2011
Agency adds to list of actions filed against investment banks in wake of corporate collapses.
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By Claude R. Marx |
June 27, 2011
SAN ANTONIO — Be interdependent and learn from your mistakes, engage your customers and innovate but be careful what risks you take.
