Saturday, November 17, 2012

Whose brainpower is behind the SEC's cases vs JPM, Credit Suisse?

Whose brainpower is behind the SEC's cases vs JPM, Credit Suisse?:

'via Blog this'

"The SEC thanked a long list of lawyers from both its structured and new products unit and its trial unit for working on the JPMorgan and Credit Suisse cases. I'm sure all of them deserve the credit. But the point of this piece is to cite another group of lawyers -- those who actually originated the theories and evidence underlying the Sec's allegations. That distinction goes to the private plaintiffs' bar, which began litigating mortgage-backed securities cases on behalf of bond insurers and MBS investors three years before the mortgage fraud task force was even formed."

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