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: Loan Modification & Home Loan News

E-mails Suggest Bear Stearns Cheated Clients Out of Billions

By Moe Bedard

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Image via Wikipedia Bear traders telling their superiors they were selling investors like Ambac a “sack of shit” (Source: The Atlantic) – Former Bear Stearns mortgage executives who now run mortgage divisions of Goldman Sachs, Bank of America, and Ally Financial have been accused of cheating and defrauding investors through the mortgage securities they created [...]

Full post as published by Loan Modification & Home Loan News on January 28, 2011 (boomark / email).

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