Friday, March 1, 2013

FOXBusiness.com: Credit Suisse settles mortgage case with bond insurer Ambac

FOXBusiness.com
FOX Business Network - The Power to Prosper
Credit Suisse settles mortgage case with bond insurer Ambac
Mar 2nd 2013, 00:48

Credit Suisse Group AG settled a lawsuit brought by bond insurer Ambac Financial Group Inc over misrepresentations on mortgage-backed securities that Ambac insured in 2007, according to court documents and a source familiar with the matter.

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