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By Michelle A. Samaad |
April 5, 2013
Latest in ongoing court fight over $72 million in failed securities rated by S&P and sold by RBS Securities to CUNA Mutual.
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By Heather Anderson |
February 5, 2013
Justice Department cites failed corporate in lawsuit, says S&P rigged ratings to please bank customers.
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July 16, 2012
A loan participation suit filed two years ago against the defunct Eastern Financial Florida Credit Union to recoup millions in losses will not include Space Coast Credit Union, a federal court recently ruled.
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By Michelle A. Samaad |
July 9, 2012
Federal court says not enough merit to proceed in case over participation loan losses.
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By Michelle A. Samaad |
May 29, 2012
Several Wall Street banks and credit rating agencies are claiming that the former Eastern Financial Florida Credit Union knew the risks going in before investing in $100 million in collateralized debt obligations.
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By Michelle A. Samaad |
May 18, 2012
The risks tied to collateralized debt obligations remains the focal point of Space Coast Credit Union’s lawsuit against Wall Street banks and credit raters.
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By Michelle A. Samaad |
May 17, 2012
Defendants tell judge in motion seeking dismissal that former credit union was well informed of risks in collateralized debt obligations.
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By Michelle A. Samaad |
April 9, 2012
In a $100 million lawsuit from Space Coast Credit Union against several Wall Street banks and credit rating agencies, a federal judge has ordered the parties to get together at a nonbinding mediation session.
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By Michelle A. Samaad |
March 30, 2012
More than a week after Space Coast Credit Union announced its mortgage securities lawsuit against several Wall Street banks, a judge ordered mediation.
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March 25, 2012
Sustainability, which was once dismissed as an idealistic fad, is now a trillion dollar industry with corporate giants such as Walmart, McDonald’s and Coca-Cola scrambling to go green.
