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By Terry Baynes, Reuters |
December 7, 2011
A federal judge on Tuesday rejected Bank of America Corp's request to disqualify the law firm representing insurer American International Group Inc in its $10 billion mortgage fraud lawsuit against the bank over an alleged conflict of interest by one of the firm's partners.
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By Jonathan Stempel (Reuters) |
October 18, 2011
Bank of America Corp urged a judge to disqualify the law firm representing insurer American International Group Inc in its $10 billion mortgage fraud lawsuit against the bank, alleging a conflict of interest by one of the firm's partners.
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By Arthur D. Postal, PropertyCasualty360.com |
March 29, 2011
The Federal Housing Finance Agency is considering eliminating or curtailing access by insurers to its lending window.
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By Arthur D. Postal, PropertyCasualty360.com |
October 1, 2010
Treasury Secretary Timothy Geithner pledged at the first meeting of the new Financial Stability Oversight Council created by the Dodd-Frank law to "preserve the right balance" between the work of the group and existing regulatory agencies.
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By Mark E. Ruquet, PropertyCasualty360.com |
September 30, 2010
Ambac has sued Bank of America over the lending practices of Countrywide, the mortgage lending business the bank bought, saying the lender failed to follow its own standards when making loans.
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By Arthur D. Postal, PropertyCasualty360.com |
March 16, 2010
Legislation proposed by Sen. Chris Dodd, D-Conn., would give specific authority to federal banking regulators to oversee insurance companies, especially if they pose a potential threat to the financial system.
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By Arthur D. Postal, PropertyCasualty360.com |
March 15, 2010
Legislation proposed by Sen. Chris Dodd, D-Conn., would give specific authority to federal banking regulators to oversee insurance companies, especially if they pose a potential threat to the financial system.
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By Arthur D. Postal, PropertyCasualty360.com |
January 28, 2010
Former Treasury Secretary Henry Paulson and current Secretary Timothy Geithner both told a congressional committee that if action was not taken to bail out American International Group it would have been a catastrophe for the nation.
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By Arthur D. Postal, PropertyCasualty360.com |
January 27, 2010
Former Treasury Secretary Henry Paulson and current Secretary Timothy Geithner both told a skeptical congressional committee today that if U.S. action was not taken to bail out AIG, Group it would have been a catastrophe for the nation.