2nd Circ. Won't Give Discovery Relief In $200B FHFA Suits
By Jeff Sistrunk ( July 19, 2013, 9:41 PM EDT) -- The Second Circuit on Friday declined to intervene in the cases of Morgan Stanley and 13 other banks that have said a New York federal judge deprived them of critical evidence to pressure them to settle Federal Housing Finance Agency suits over $200 billion in allegedly toxic residential mortgage-backed securities, saying the banks haven't exhausted other options....
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