SUBPRIME LOAN MARKET COLLAPSE REPORT NO ‘RED FLAG’ FOR U.S. BANCORP EXECS Iron Workers Mid-South Pension Fund v. Davis | Secondary Sources | Westlaw

SUBPRIME LOAN MARKET COLLAPSE REPORT NO ‘RED FLAG’ FOR U.S. BANCORP EXECS Iron Workers Mid-South Pension Fund v. Davis | Secondary Sources | Westlaw

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21 No. 10 Westlaw Journal Derivatives 6
Westlaw Journal Derivatives
*1 April 10, 2015
Mortgage-Backed Securities
Copyright © 2015 Thomson Reuters .

SUBPRIME LOAN MARKET COLLAPSE REPORT NO ‘RED FLAG’ FOR U.S. BANCORP EXECS

Iron Workers Mid-South Pension Fund v. Davis

Reports of the collapse of mortgage-backed securities were not the kind of “red flags” that would have warned U.S. Bancorp officers and directors of specific loan problems at the company, a federal judge has ruled in tossing a shareholder suit.
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