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Corporate Credit Unions

Bank Regulators Enter High-Stakes NCUA Corporate Suits

JUN 12, 2013 3:58pm ET

WICHITA, Kan. The FDIC told a federal court here this morning it should allow NCUA to extend the nominal statute of limitations on securities claims against several Wall Street banks that sold mortgage-backed securities to five failed corporate credit unions because the 1989 S&L Bailout law allows for the...

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