AP – Woodmen of the World wants U.S. Bank to pay nearly $30 million for investing some of the insurer’s assets in risky mortgage-backed securities that plummeted in value instead of the conservative investments the bank promised.
Read the original:
Insurer Woodmen files $30M lawsuit against US Bank
(AP)
Similar Posts:
- Citigroup names former banking regulator to board
(AP) - Senate moves toward easing mortgage terms
(AP) - Bank employees protest ‘anti-consumer’ practices
(AP) - Bank employees protest ‘anti-consumer’ practices
(AP) - IBM to buy Wilshire Credit’s operating assets
(AP) - Fannie Mae, Freddie Mac could be split: report
(AFP)
Insurer Woodmen files $30M lawsuit against US Bank (AP)
If you enjoyed this post, make sure you subscribe to my RSS feed!
Leave a comment