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Thu Feb 11, 2016, 11:08 AM

Morgan Stanley to pay $3.2 bln to settle financial crisis-era charges [View all]

Source: Reuters

Morgan Stanley Morgan Stanley is poised to pay $3.2 billion to settle federal and state charges that it misled investors in residential mortgage-backed securities that later soured during the financial crisis, the New York Attorney General's office said on Thursday.

The case stems from an investigation by the Residential Mortgage-Backed Securities Group, a joint federal and state task force unveiled in 2012 by President Barack Obama that serves to investigate potential misconduct from the 2007-2009 financial crisis.


Read more: http://www.cnbc.com/2016/02/11/morgan-stanley-to-read-32b-deal-with-federal-state-govts-over-financial-crisis.html



Will they notice? Will it even get paid?

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Reply Morgan Stanley to pay $3.2 bln to settle financial crisis-era charges [View all]
deminks Feb 2016 OP
LittleGirl Feb 2016 #1
Red Oak Feb 2016 #2
navarth Feb 2016 #3
Kip Humphrey Feb 2016 #5
Deny and Shred Feb 2016 #7
jalan48 Feb 2016 #4
postulater Feb 2016 #6
ChairmanAgnostic Feb 2016 #8
NCjack Feb 2016 #9
Dems to Win Feb 2016 #10
Moral Compass Feb 2016 #11
ChairmanAgnostic Feb 2016 #12
AllyCat Feb 2016 #13