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US 'to sue a dozen banks over housing bubble mortgages'Comments

By: Yossel in BRKB | Recommend this post (0)
Fri, 02 Sep 11 2:56 PM | 25 view(s)
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2 September 2011 Updated at 00:51 ET

US 'to sue a dozen banks over housing bubble mortgages'Comments

Goldman Sachs is expected to be one of the banks facing legal action

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The US is planning to sue more than a dozen major banks for misrepresenting the quality of mortgages they sold during the housing bubble, the New York Times reports.

link-
http://www.bbc.co.uk/news/world-us-canada-14758677




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