CFPB secures $27.7 million judgment against foreclosure relief scammers

The next president needs to speak up about housing right now

Want my vote? Here's how to get it

CFPB, DOJ take action against Provident Funding for discriminatory lending

Could pay $9 million in damages
W S

Wall Street sees derivatives sales flaws after SEC Goldman suit

/ Print / Reprints /
| Share More
/ Text Size+

Wall Street’s biggest firms are considering the suitability of selling opaque financial products to governments, endowments and not-for-profit institutions after the contracts magnified credit-market losses that plunged the U.S. into a recession.

“There is no distinction among very different groups of investors, and this is where things might change,” said Dino Kos, a managing director at Portales Partners LLC in New York and former head of the Federal Reserve Bank of New York’s open market operations.

Recent Articles by Diana Golobay

Comments powered by Disqus