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<blockquote data-quote="av8torntn" data-source="post: 895666" data-attributes="member: 8259">I&#039;m not gonna play the game with you because I think you have a weak position but if I were I&#039;d start by saying that if this is the size of the corporations role in the mortgage drama you have an uphill battle to make your case unless you only argue on emotion.Fri Sep 2, 2011 6:01pm EDTSept 2 (Reuters) - The U.S. Federal Housing Finance Agency sued 17financial institutions on Friday, for allegedly misrepresenting materialinformation when selling mortgage-backed securities.Below is a summary of banks that were sued, and the dollar value ofsecurities that the FHFA is suing over:BANK&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; DOLLAR VALUE OF SECURITIES&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; ($ BLNS)Ally Financial&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; $6Bank of America Corp (BAC.N)&nbsp; &nbsp; Bank of America&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; $6&nbsp; &nbsp; Countrywide (unit of Bank of America)&nbsp; &nbsp;&nbsp; $26.6&nbsp; &nbsp; Merrill Lynch (unit of Bank of America)&nbsp;&nbsp; $24.853Barclays Plc (BARC.L)&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; $4.9Citigroup Inc (C.N)&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; $3.5Credit Suisse (CSGN.VX)*&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; $14.1Deutsche Bank AG (DBKGn.DE)&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; $14.2First Horizon National Corp (FHN.N)&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; $0.883General Electric Co (GE.N)&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; $0.549Goldman Sachs Group Inc (GS.N)&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; $11.1HSBC (HSBA.L)*&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; $6.2JPMorgan Chase &amp; Co (JPM.N)&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; $33Morgan Stanley (MS.N)&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; $10.58Nomura Holdings Inc (8604.T)*&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; $2Royal Bank of Scotland (RBS.L)&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; $30.4Societe Generale (SOGN.PA)&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; $1.3TOTAL:&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; $196.165 *Some lawsuits targeted subsidiaries and not the parent company Source: court documents</blockquote>

[QUOTE="av8torntn, post: 895666, member: 8259"] I'm not gonna play the game with you because I think you have a weak position but if I were I'd start by saying that if this is the size of the corporations role in the mortgage drama you have an uphill battle to make your case unless you only argue on emotion. [COLOR=#666666][COLOR=#666666]Fri Sep 2, 2011 6:01pm EDT[/COLOR][/COLOR] Sept 2 (Reuters) - The U.S. Federal Housing Finance Agency sued 17financial institutions on Friday, for allegedly misrepresenting materialinformation when selling mortgage-backed securities. Below is a summary of banks that were sued, and the dollar value ofsecurities that the FHFA is suing over: BANK DOLLAR VALUE OF SECURITIES ($ BLNS) Ally Financial $6 Bank of America Corp (BAC.N) Bank of America $6 Countrywide (unit of Bank of America) $26.6 Merrill Lynch (unit of Bank of America) $24.853 Barclays Plc (BARC.L) $4.9 Citigroup Inc (C.N) $3.5 Credit Suisse (CSGN.VX)* $14.1 Deutsche Bank AG (DBKGn.DE) $14.2 First Horizon National Corp (FHN.N) $0.883 General Electric Co (GE.N) $0.549 Goldman Sachs Group Inc (GS.N) $11.1 HSBC (HSBA.L)* $6.2 JPMorgan Chase & Co (JPM.N) $33 Morgan Stanley (MS.N) $10.58 Nomura Holdings Inc (8604.T)* $2 Royal Bank of Scotland (RBS.L) $30.4 Societe Generale (SOGN.PA) $1.3 TOTAL: $196.165 *Some lawsuits targeted subsidiaries and not the parent company Source: court documents [/QUOTE]

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