Tagged with Clayton Holdings …

On the 5th Anniversary of the Financial Crisis, 5 Critical Must Do’s – No. 2

Five years ago today, financial contagion and panic spread as investors withdrew hundreds of billions of dollars from money market funds and as insurance giant AIG, brought down by its disastrous credit default swap and securities lending bets, was rescued with a taxpayer bailout of $85 billion – a bailout that would eventually grow to … Continue reading →

Statement Regarding the Mortgage Securities Fraud Lawsuit Filed Today Against Credit Suisse by New York Attorney General Schneiderman

Statement by Phil Angelides, Chairman of the Financial Crisis Inquiry Commission (2009-2011) Regarding the Mortgage Securities Fraud Lawsuit Filed Today Against Credit Suisse by New York Attorney General Schneiderman “Today’s lawsuit by New York Attorney General Eric Schneiderman alleging fraud at Credit Suisse represents an important action in the ongoing effort to hold financial wrongdoers accountable … Continue reading →