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14 Dec 2009, 1:29 am by Kevin LaCroix
"   As the FDIC summarized in its November 24, 2009 motion, the letter asserts that the bank’s directors and officers:   (i) adopted an overly aggressive and reckless growth strategy by investing most of the Bank's assets in "Option ARM" lending products; (ii) failed to provide the Bank with adequate reserves for potential loan losses resulting from its investments in Option ARM lending products; (iii) engaged in reckless, high-risk, and… [read post]
3 Jun 2010, 6:52 am by Eric Turkewitz
(b) In re Seatrain Lines, Inc., Nos. 81 B 10311, 81 B 10916, 81 B 11059, 81 B 12345, 81 B 12525, 81 B 11845, 81 B 11004, 81 B 11512. [read post]
11 Apr 2012, 1:13 am by Kevin LaCroix
 The original article on which this revised version is based was originally written before the initial decisio in FDIC v Perry was reported (about which decision, refer here). [read post]
19 Jul 2010, 10:09 am by Christine Hurt
Title V Subtitle A, Section 501 -- creates Office of National Insurance Title VII -- Wall Street Transparency and Accountability **Subtitle A, Section 711 et seq. [read post]
26 Sep 2023, 9:01 pm by renholding
On August 24, 2023, the Second Circuit affirmed the dismissal of state-law securities claims in Kirschner v. [read post]
14 Mar 2016, 2:56 am by Kevin LaCroix
  Is Coverage Available for Brokers and/or Outside Investment Advisors Acting in a Dual Capacity? [read post]