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The Bailout Plan and Contract Attorney Work
For 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 readingThe Current Financial Crisis, the Wall Street Law Firms and Contract Attorney Work
Quite 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 readingThe Federal Reserve Bailout of AIG
From: 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 readingThe Turmoil in the Financial Markets
For 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 readingE-Discovery Resulting from Subprime Litigation and the Liquidity crisis: Lehman, Merrill, AIG et al ……
As 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
Continue readingThe Auction-Rate Securities Market Litigation
There has been quite a bit of media coverage these last months on the auction-rate-securities market (ARS) and the ensuing litigation. It has generated, and will generate, a fair amount of document reviews.
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