Bah-Humbug: The JPMorgan Settlement & Cy Pres Remedies
Maybe I’m just getting a head start on my “bah humbug” mood for the holidays, I don’t know. Did it strike anyone else as discordant that almost a third of the record-setting JPMorgan RMBS settlement...
View ArticleS&P’s $1.4BN Settlement with DOJ and State AGs on RMBS/CDO Ratings
On February 3, the Department of Justice and 19 State Attorneys General announced their $1.375 Billion settlement of DOJ’s FIRREA suit and related State AG actions against Standard & Poor’s and its...
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