LAW360 - Law 360

A New York state court judge on Monday ordered a Credit Suisse subsidiary to pay $604 million to a bond insurer that claims it had to pay out $386 million in claims during the 2008 financial crisis after the Swiss bank lied to get it to insure risky mortgage-backed securities that ultimately imploded.


Published on Jan. 26th, 2021 Published on Jan. 26th, 2021
Scenario: Conduct / Misselling Wholesale

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