mortgage-backed securities

  • Banks

    Will $11 Billion Get (Most Of ) You To Leave Jamie Dimon Alone?

    Perhaps you’ve heard: JPMorgan Chase is in a wee bit of legal trouble at the moment. Now, it certainly looks like it’s going to take 11 figures to resolve all of this (11 figures on top of the 10 figures it’s already paid to deal with earlier hiccups). What will those 11 figures be? Will […]

    / Sep 25, 2013 at 5:30 PM
  • Brady Dougan gives good rueful.


    Credit Suisse Did The Same Bad Mortgage Things As Everyone Else

    This New York Attorney General lawsuit against Credit Suisse is mostly the same as all the other lawsuits by all the other regulators against all the other banks. Here is a summary, based on the complaint: Some mortgage originators made crappy loans, because that was the style at the time. They sold them to Credit […]

    / Nov 20, 2012 at 4:11 PM

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