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Mega-banks get hit with mega $250 billion lawsuit. Is the party over?

It’s one thing when angry homeowners attempt to stare-down $1000/hr corporate lawyers over fraud-related losses during the housing bust.  The analogy of bringing a squirt-gun to a gun-fight comes to mind. But it’s quite another when a group of heavy-hitters led by BlackRock and PIMCO fire off a massive $250 Billion lawsuit in the New York State Supreme […]

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