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JP Morgan in massive lawsuit over 'fraudulent' IT system
- cs702 15y agoThis article is riddled with blatant inaccuracies, starting with the fact that Schneiderman is not "US attorney general" (he is actually New York State's attorney general). Here's the official statement from the NY Attorney General's office about this lawsuit and its goals: http://www.ag.ny.gov/media_center/2012/feb/feb03a_12.html http://www.ag.ny.gov/media_center/2012/feb/feb03a_12.html Here's a good analysis of the lawsuit and its potential implications: http://www.nakedcapitalism.com/2012/02/schneiderman-files-civil-fraud-lawsuit-against-three-major-banks-for-use-of-mers.html http://www.nakedcapitalism.com/2012/02/schneiderman-files-ci...
- Netadmin 15y agoThat point has been corrected.