Tagged with Bear Stearns

WALL STREET JOURNAL | Government Right in Pursuing Bear

October 18, 2012 — Letter to the Editor of the Wall Street Journal by Phil Angelides — Your Oct. 8 editorial “Biting the Bank That Saved You” misses the mark in criticizing the lawsuit alleging mortgage securities fraud brought by New York Attorney General Eric Schneiderman against J.P. Morgan. That action rightly seeks redress for allegedly improper … Continue reading

Angelides Statement Regarding the Mortgage Securities Fraud Lawsuit Filed Today by New York Attorney General Schneiderman

“Today’s legal action by New York Attorney General Eric Schneiderman alleging fraud at Bear Stearns is an important step forward in holding financial wrongdoers accountable and in deterring future wrongdoing. As the lawsuit indicates, the official report of the Financial Crisis Inquiry Commission contained detailed evidence on the improper conduct of Wall Street in the … Continue reading