Bear Stearns Lawsuit Paves Way for More Accountability

WASHINGTON, D.C. – October 8, 2012 – (RealEstateRama) — “The complaint filed against Bear Stearns, now owned by JPMorgan Chase, is a welcome step in an ongoing investigation of Wall Street investment banking activities leading up to the financial crisis. This is the first action taken by this federal task force to bring accountability and relief to homeowners and others who have suffered the devastating consequences of uprooted families, defrauded investors and a crippled economy.


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