US Sues Barclays Over Pre-Crisis Mortgage Securities

By Evan Weinberger (December 22, 2016, 3:29 PM EST) -- The Justice Department on Thursday sued Barclays PLC, alleging that the British bank and two of its former employees made false statements about the quality of mortgages packaged into around $31 billion worth of residential mortgage-backed securities prior to the financial crisis....

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