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Corporate Credit Unions

NCUA Files New Suit Against JP Morgan Over Collapse Of Corporate CUs

JAN 4, 2013 4:39pm ET

WICHITA, Kan. – NCUA opened a new battle with Wall Street this afternoon by filing a new suit over the sale of faulty mortgage-backed securities to the failed corporates—the third one naming JP Morgan Chase as the defendant and ninth suit against a Wall Street entity.

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