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Los Angeles sues Wall Street banks, bond insurers

KAREN PIEROG

Reuters

Latest comment posted at 7:14 PM EDT 24/07/08

More than 30 institutions named in City's suit, alleging fraud and antitrust that cost taxpayers millions of dollars ...Read the full article

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  1. CallofDuty . from Toronto, Canada writes: oh boy...here is the first of many to hold Wall Street accountable for all the mess we are in. Many to come.
  2. William J Gillies from Canada writes: As an economy built on so-called services crumbles, the lawyers will be the last with jobs, though they'll still have problems feeding themselves.
  3. Michael Richardson from Canada writes: As I scan down the list, I keep expecting to see CIBC, but, lord behold, they didn't step into this pothole. What has the world come too, when white collar criminals don't include our pride and joy in their scams.
  4. elkay elkay from Canada writes: Why did they wait so long?

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