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FDIC Fights To Save NCUA’s Wall Street Suit

SEP 3, 2013 12:58pm ET

WICHITA, Kan. The FDIC asked a federal appeals court here Friday to overturn a lower court ruling dismissing $550 million of securities claims by NCUA against Barclays Capital, as the ruling could jeopardize billions of dollars in claims the banking regulator itself has against numerous Wall Street banks.

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