Mortgage Crisis: N.Y. AG Investigating Bank of America, Goldman Sachs and Morgan Stanley

New York State Attorney General Eric Schneiderman has requested information from three of the nation's most powerful Wall Street firms in connection with what sources call an "active and ongoing investigation into the mortgage crisis." The firms, Bank of America, Goldman Sachs and Morgan Stanley, bundled mortgages into securities and sold them to investors, which some say helped banks conceal troubled loans. No specific allegations of wrongdoing have been lodged yet. Last October attorneys...Full Story
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