Dodgy dealings are like London buses, You wait for a while and then two come along at once
Following Adam's post below, US prosecutors are looking into $2.2bn mortgage security deals orchestrated by JPM and RBS on the basis that they were flawed
Time is running out on bringing action against events around the 2008 crisis and officials are looking to see whether the banks ignored warnings from associates that they were packing too many dodgy mortgages into investments. The officials are looking into whether the deals constitute fraud
Never a dull moment ;-)
Market Watch covers the details of the investigations into JPM and RBS
