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Tuesday, July 29, 2014
Corporate Credit Unions

Congress Probes NCUA Legal Deals On Corporate Suits

OCT 25, 2012 12:43pm ET

WASHINGTON – A key lawmaker has called on NCUA for information regarding lucrative fee arrangements NCUA has struck with several law firms representing the agency in multi-billion dollar civil suits against Wall Street banks over their sale of mortgage-backed securities to the five failed corporate credit unions.

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