As has been reported in all the legal media web sites, the tsunami of filed and pending financial meltdown/subprime-related securities cases is still on the rise. Nobody covers this better, by the way,
Continue readingFor those, like us, who remember/worked at the Resolution Trust Corporation (RTC) after it was established in 1989, the agency hired 450 attorneys in a matter of a few months. A GAO report found over
Continue readingTrial of McAfee Former GC Begins, Delay in Disclosing Critical E-Mails Explained From: The Recorder After a federal judge warned that “heads will roll” in the McAfee case, a Howrey counsel
Continue readingQuite a number of Posse List members have asked us for a site that discusses the current financial crisis vis-a-vis the Wall Street law firms that many of us rely on for work. A very good site (continually
Continue readingFrom: D & O Diary, September 17, 2008 In a statement issued on Tuesday evening, the Federal Reserve announced that it had authorized a loan of up to $85 billion to American International Group. This
Continue readingWe have a large (and growing) number of law firms, accounting firms and corporations subscribed to The Posse List. As a result of increasing insolvency, financial fraud and other related litigation,
Continue readingFor those of you interested in reading some background material on the subprime mortgage crisis, the shocks to the financial markets, etc. we have attached two pdfs that we thought would be helpful.
Continue readingAs stated by Mary Mack of Discovery Resources “The subprime crisis is really just beginning to take shape and is going to spawn a wave of litigation, much of which will turn on evidence uncovered during
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