Us Banks 'Deliberately Sold' Risky Securities to Customers ; Business
Evening Standard - London › July 25, 2008
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Summary
ALLEGATIONS widened this morning that Wall Street banks deliberately offloaded risky securities on retail and corporate customers even as the market for them was falling apart.
In another big blow to the Street's reputation, banks are accused of pushing so-called auction-rate securities onto consumers with misleading sales tactics before the market for the products collapsed in February.See the full content of this document
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Us Banks 'Deliberately Sold' Risky Securities to Customers ; Business
Actions have been launched against firms from individual i...
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