
Pot Calls the Kettle Black: US Goes After Financial Firms Over Mortgage Losses
Become a member: Subscribe
Solari’s Building Wealth materials are organized to inspire and support your personal strategic and financial planning.

Missing Money
Articles and video discussions of the $21 Trillion dollars missing from the U.S. government
No posts
Pot Calls the Kettle Black: US Goes After Financial Firms Over Mortgage Losses

By Tami Luhby
The federal agency overseeing Fannie Mae and Freddie Mac filed lawsuits Friday against 17 financial institutions, in an attempt to recover billions of dollars in losses from risky mortgage investments.
The lawsuits were filed against many of the nation’s largest Wall Street and financial firms, including Bank of America (BAC, Fortune 500), Citigroup (C, Fortune 500), Goldman Sachs (GS, Fortune 500) and JPMorgan Chase (JPM, Fortune 500). (See full list at end of story.)
Continue reading the article . . .
Related reading:
Weil: Suing Banks is Next Best to Letting Them Fail
Bloomberg (8 Sep 11)
FHFA (and OFHEO) Legal Filings
Federal Housing Finance Agency
Our mission is to help you live a free and inspired life. This includes building wealth in ways that build real wealth in the wider economy. We believe that personal and family wealth is a critical ingredient of both individual freedom and community, health and well-being.
Nothing on The Solari Report should be taken as individual investment, legal, or medical advice. Anyone seeking investment, legal, medical, or other professional advice for his or her personal situation is advised to seek out a qualified advisor or advisors and provide as much information as possible to the advisor in order that such advisor can take into account all relevant circumstances, objectives, and risks before rendering an opinion as to the appropriate strategy.
Be the first to know about new articles, series and events.

























































































