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Loan Modification
: Loan Modification & Home Loan NewsWhy do hedge funds love BofA and Citi?
By Moe Bedard
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I feel as though every single article I read about hedge fund managers making their 13F filings or talking their books in public contains a bullish bet on Citigroup ($C) or Bank of America ($BAC) or both!
What is it about these two scaffold-enclosed banks that brings all the boys to their respective yards?
Paulson, Soros, Falcone, [...]Full post as published by Loan Modification & Home Loan News on May 31, 2010 (boomark / email).
Lawsuits and Settlements
Hedge Funds
alleging companies involved in mortgage fraud.
HIV Funds
Dallas Independent School District pays $336,000 settlement for misappropriated program funds.
Oppenheimer Funds, Inc
401(k) / ERISA Stock Fraud
AIG Agrees $725 Million Settlement in Pension Funds Class Action
AIG Agrees $725 Million Settlement in Pension Funds Class Action
Mutual Funds
alleging financial companies breached ERISA act with employee 401k plan holders.
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