Monday, May 21, 2012
FDIC Sues JPMorgan, Citigroup, BofA Securities, Deutsche Bank
From Bloomberg…
The Federal Deposit Insurance Corp. sued JPMorgan Chase & Co. (JPM), Citigroup Inc. (C), Bank of America Securities and Deutsche Bank AG. (DBK) The FDIC sued in New York federal court as receiver for Strategic Capital Bank, claiming $11 million in a mortgage-backed securities case.
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