FORTUNE (Source: CNNMoney By Abigail Field) – Investors in mortgage-backed securities who got cleaned out during the housing bust aren’t going to take their losses lying down. The first act of investor revolt was organized by Kathy Patrick, a little-known [...]
(Source: BY RANDALL SMITH AND SERENANG) – American International Group Inc. has tentatively identified the Wall Street banks that will lead an initial public offering of its large airplane-leasing unit, International Lease Finance Corp., according to people familiar with the [...]
(Source: Bloomberg By David McLaughlin) – Connecticut Attorney General George Jepsen is seeking meetings with four U.S. lenders to discuss their foreclosure practices, saying they are failing to devote sufficient resources to servicing mortgages.
June 14 (Source: Bloomberg By Dakin Campbell) — Charlsey Smedley, a retired schoolteacher in Orlando, Florida, started moving her checking account last month to JPMorgan Chase & Co. from Bank America Corp., where she has been a customer for more [...]
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