{"id":44118,"date":"2012-11-21T10:12:40","date_gmt":"2012-11-21T10:12:40","guid":{"rendered":"https:\/\/armbanks.am\/2012\/11\/21\/236925\/"},"modified":"2024-12-15T13:00:54","modified_gmt":"2024-12-15T13:00:54","slug":"ny-sues-credit-suisse-over-mortgage-securities-associated-press","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2012\/11\/21\/44118\/","title":{"rendered":"NY sues Credit Suisse over Mortgage Securities associated press"},"content":{"rendered":"<p><strong>\u0415\u0420\u0415\u0412\u0410\u041d, 21 \u043d\u043e\u044f\u0431\u0440\u044f. \/\u0410\u0420\u041a\u0410\/<\/strong>. New York is suing Credit Suisse Securities and affiliates, claiming they misled investors about the care taken in evaluating their residential mortgage-backed securities, The Associated Press reported.<\/p>\n<p>The suit filed Tuesday in Manhattan under New York&#8217;s Martin Act alleges Credit Suisse deceived investors before the 2008 market collapse.<\/p>\n<p>Attorney General Eric Schneiderman (SHNEYE&#8217;-dur-muhn) says the securities sponsored and underwritten by Credit Suisse in 2006 and 2007 have lost about $11.2 billion.<\/p>\n<p>Zurich-based Credit Suisse says Schneiderman &#8220;recycles baseless claims&#8221; from private lawsuits.<br \/>\nSchneiderman is co-chair of a task force established by President Barack Obama to investigate misconduct in the pooling and sales of those securities.<\/p>\n<p>Last month, he filed a similar lawsuit against JPMorgan Chase &amp; Co., alleging fraud by Bear Stearns before its 2008 collapse and subsequent sale to the New York bank, The Associated Press reports. \u20130&#8211;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York is suing Credit Suisse Securities and affiliates, claiming they misled investors about the care taken in<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[12163,13275,12757,319],"class_list":{"0":"post-44118","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-banks-en-en","7":"category-news","8":"tag-banks","9":"tag-sue","10":"tag-usa","11":"tag-319"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/44118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=44118"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/44118\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=44118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=44118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=44118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}