The NCUA sues JPMorgan Chase for non-disclosure in offering materials for real estate mortgage-backed securities. Too bad Preet Bharara hears no evil, sees no evil, tastes no evil, smells no evil, and touches no evil, meaning that he has nothing to say about securities violations that don’t affect hedge funds.
National Credit Union Administration Sues JPMorgan Chase for Misleading Offering Materials In Sales of RMBSs |
| By: masaccio Tuesday June 21, 2011 12:30 pm |
25 Comments
Preet Bharara And Pundits Agree: We Are All Responsible For Great Crash |
| By: masaccio Sunday May 15, 2011 10:40 am |
Preet Bharara makes the world safe for hedge fund traders. The rest of you can go hang.
What Juror Wouldn’t Convict A Bankster On Known Facts? |
| By: masaccio Tuesday March 1, 2011 4:23 pm |
The circumstantial evidence is easily sufficient to show that at least some of the banksters who sold real estate mortgage-backed securities to unsuspecting investors had the required mens rea of intent to defraud.
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