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Corporate Credit Unions

NCUA Files New Suit Over Corporate Failures

DEC 17, 2012 10:17am ET

WICHITA, Kan. – NCUA this morning sued Bear Stearns & Co., now a unit of JP Morgan Chase, over the sale of mortgage-backed securities to four corporate credit union failures, the 11th Wall Street bank targeted for culpability for the corporate debacle.

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