U.S. probes banks on sale of risky securities: report

Posted by admin on December 24, 2009 · Leave a Comment 

From Reuters: Business News
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U.S. probes banks on sale of risky securities: report

(Reuters) – U.S. regulators and legislators are investigating whether Wall Street investment banks deliberately sold risky structured securities to clients, and then bet on the securities failing, the New York Times reported on Wednesday.

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