Credit Suisse Facing $5-$7 Billion Penalty by U.S. for Toxic Mortgage Securities

The U.S. Department of Justice has asked Credit Suisse to pay between $5 billion and $7 billion to settle a probe over its sale of toxic mortgage securities in the run-up to the 2008 financial crisis, a source with knowledge …

from News – Insurance Journal http://ift.tt/2hnfzPV
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