With a bullet: Shaking all over

May 12, 2015 12:54 PM

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Greece has completed a €750 million ($843.7 million) loan repayment to the International Monetary Fund. Hurray! Now it has to come up with €1.5 billion ($1.7 billion) in June.

A federal judge has ruled that Nomura and Royal Bank of Scotland misled Fannie Mae and Freddie Mac in selling them mortgage bonds that contained numerous errors and misrepresentations. “The magnitude of falsity, conservatively measured, is enormous,” Judge Denise L. Cote of Federal District Court in...

Also read: Credit Suisse prevails in lawsuit seeking $300 million for brokers: U.S. judge

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