Wells Fargo CDO Goofs Cost Investors $160M, Suit Claims

By Keith Goldberg (January 24, 2013, 3:23 PM EST) -- A German public agency responsible for winding up the assets of dissolved bank WestLB AG sued Wells Fargo Bank NA in New York federal court Wednesday, claiming the bank's mismanagement of a WestLB collaterized-debt obligations vehicle led to more than $160 million in losses....

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