U.S. authorities are expanding their probes of past mortgage securities deals, with New York’s attorney general opening an investigation into whether eight banks misled rating agencies, a source familiar with the matter said.
New York Attorney General Andrew Cuomo’s office on Wednesday served subpoenas on four U.S. banks and four European lenders, the source said.
Cuomo is [...]
Posts Tagged ‘euro zone finance’
Bank probes expanding with new investigation
May 13th, 2010 by Mortgage Writer
Tags: bank of america, economy, euro zone finance, financial, Freddie Mac, Goldman Sachs, interest rates, jpmorgan, US Economy, wall street
more...EU Leaders Meet to Avoid Greek Crisis
February 15th, 2010 by Mortgage Writer
After European Union leaders Thursday broadly pledged to support Greece, the bloc’s finance ministers are expected to hash out a more detailed contingency plan to ease the country’s debt crisis.
Nervous investors briefly were appeased by the EU leaders’ declaration, which called for countries that use the euro to take “determined and coordinated action, if needed, [...]
Tags: eu leaders, euro zone finance, european union leaders, greek crisis, Greek Economy
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