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Major Lawsuit Against Morgan Stanley over Securitization of Second Liens
Barry Ritholtz links to a complaint from MBIA, the insurance company, against Morgan Stanley over second lien securitization. MBIA is suing over breach of contract on a securitization known as MSM...
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Glenn Hubbard’s Hilarious Deposition on Behalf of Countrywide
Glenn Hubbard, Dean of the Columbia University Graduate School of Business General business has kept me from reading the deposition Matt Taibbi writes about here, but it sounds amazing. Anyone who’s...
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