CDOs Face Ratings Downgrade
Atlanta Investment Fraud Attorneys At The Frankowski Firm, we stand as a beacon of trust and advocacy for investors who have been victimised by unethical brokers or investment advisors. With a steadfast commitment to justice, our seasoned Atlanta investment fraud law firms tirelessly advocate for investors, both small and large, who have suffered financial losses due to […]
Subprime Laxity Hits CDOs
Atlanta Investment Fraud Attorneys At The Frankowski Firm, we stand as a beacon of trust and advocacy for investors who have been victimised by unethical brokers or investment advisors. With a steadfast commitment to justice, our seasoned Atlanta investment fraud law firms tirelessly advocate for investors, both small and large, who have suffered financial losses due to […]
Follow the Mortgage
Atlanta Investment Fraud Attorneys At The Frankowski Firm, we stand as a beacon of trust and advocacy for investors who have been victimised by unethical brokers or investment advisors. With a steadfast commitment to justice, our seasoned Atlanta investment fraud law firms tirelessly advocate for investors, both small and large, who have suffered financial losses due to […]
Mortgage CDO Basics
Carrick Mollenkamp and Serena Ng of the WSJ report that in recent years, as home prices and mortgage lending boomed, bankers found ever-more-clever ways to repackage trillions of dollars in loans, selling them off in slivers to investors around the world. Financiers and regulators figured all the activity would disperse risk, and maybe even make […]
Merrill Lynch Probed in Subprime CDO Sale To City
Sree Vidya Bhaktavatsalam of Bloomberg reports that Merrill Lynch & Co. was subpoenaed by Massachusetts regulators after the value of collateralized debt obligations the brokerage firm sold to the city of Springfield plunged 91 percent because of losses tied to subprime mortgages.Secretary of State William Galvin yesterday issued the request for information to New York-based […]
Collateralized Debt Obligations In Default
Atlanta Investment Fraud Attorneys At The Frankowski Firm, we stand as a beacon of trust and advocacy for investors who have been victimised by unethical brokers or investment advisors. With a steadfast commitment to justice, our seasoned Atlanta investment fraud law firms tirelessly advocate for investors, both small and large, who have suffered financial losses due to […]
Collateralized Debt Obligation (CDO) Lawsuits May Increase In 08
Atlanta Investment Fraud Attorneys At The Frankowski Firm, we stand as a beacon of trust and advocacy for investors who have been victimised by unethical brokers or investment advisors. With a steadfast commitment to justice, our seasoned Atlanta investment fraud law firms tirelessly advocate for investors, both small and large, who have suffered financial losses due to […]
Collateralized Debt Obligations (CDOs) On Downgrade Watch
Atlanta Investment Fraud Attorneys At The Frankowski Firm, we stand as a beacon of trust and advocacy for investors who have been victimised by unethical brokers or investment advisors. With a steadfast commitment to justice, our seasoned Atlanta investment fraud law firms tirelessly advocate for investors, both small and large, who have suffered financial losses due to […]
Citigroup Admits Subprime Investments Were Losers
Bloomberg News and Reuters reports that Citigroup said that it had lost more money than it had made from financial instruments based on U.S. subprime mortgages.At the same time, the share prices of major U.S. securities firms fell on Wall Street amid fears about the effect of the mortgage crisis on earnings. William Mills, chief executive […]
Securities Regulators Probe Sub-Prime Mortgages
Kara Scannell of the WSJ reports that securities regulators, broadening their review of Wall Street’s role in the mortgage industry, have asked several brokerage firms for information about the marketing and sale of mortgage-related products, specifically those sold to individual investors. The Financial Industry Regulatory Authority, Wall Street’s self-regulatory body, last month sent letters to […]