To: StockDung who wrote (5079 ) 2/2/2008 4:30:18 PM From: ravenseye Read Replies (2) | Respond to oh, i see, you changed the subject of lozman vs lozeman to UBS. is it because of tonys sappy reply brief on appeal that also mentioned the following?Thus, the government commends the fact that well after the horse had departed, the District Court locked Mr. Elgindy inside the barn when he tried to chase it down." online.wsj.com There is also a broader effort by the Justice Department to look into whether there was fraud in originating , packaging and selling mortgage-related products. The Federal Bureau of Investigation has said it has opened criminal inquires into 14 companies as part of an investigation of the subprime-mortgage crisis. The FBI wouldn't identify the companies under investigation...nytimes.com Consumer groups in four states have asked congressional banking and finance committees to conduct hearings on Bank of America Corp .'s proposed $4.1 billion buyout of struggling mortgage lender Countrywide Financial Corp. The groups from California, New York, New Jersey and North Carolina sent letters requesting that lawmakers investigate the possible impact on Countrywide borrowers.heraldnet.com money.cnn.com 'In many cases there was a very very high risk that (home loans) wouldn't pay off, but yet it wasn't reflected in their accounting' said Donn Vickrey, co-founder of Scottsdale, Ariz., research firm Gradient Analytics ....
