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: How Appealing

"Cleveland loses appeal of Wall St. mortgage case; City alleged public nuisance from securitizations"

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"Cleveland loses appeal of Wall St. mortgage case; City alleged public nuisance from securitizations": Reuters has a report that begins, "The city of Cleveland lost its appeal on Tuesday of a lawsuit accusing 22 Wall Street bank and mortgage lenders of creating a public nuisance by creating risky mortgage securities to be sold to investors."

You can access today's ruling of the U.S. Court of Appeals for the Sixth Circuit at this link.

Full post as published by How Appealing on July 27, 2010 (boomark / email).

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