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Class Action Lawsuit Against Goldman Over ABACUS CDO Signals Time Is Right...

The legal news is not good if you are a lender or investment bank who participated in the creation of mortgage-backed securities (“MBS”) and other derivatives over the last few years.  But for...

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Rakoff’s Rejection of SEC Settlement with Citi Sends Stern Message to Wall...

Two days after the release of one of the most scathing judicial opinions in recent memory, the importance of federal Judge Jed Rakoff’s rejection of the SEC’s $285 million settlement with Citigroup is...

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