NY High Court Lets Barclays Off Hook Over $1.6B Toxic MBS
By Max Stendahl ( June 27, 2012, 1:34 PM EDT) -- New York state's highest court refused Wednesday to revive an investment firm's breach of contract suit alleging Barclays Bank PLC dumped nearly $1.6 billion in toxic mortgage-backed securities into two structured investment vehicles that quickly went bust....
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