Economy

Demeter

(85,373 posts)

4. US raises criminal stakes in Mizuho probe

Thu May 3, 2012, 07:24 PM

May 2012

US prosecutors are raising the possibility of criminal liability tied to the financial crisis as they investigate a $1.6bn mortgage-linked security sold by a unit of Mizuho Financial Group, the Japanese bank.

People familiar with the matter say the US attorney’s office in Manhattan and the Federal Bureau of Investigation are leading the criminal investigation into the sale of the security known as Delphinus CDO 2007-1.

Read more >>
http://link.ft.com/r/KC2844/VLDS9A/YGZ3O/R30FV3/97L2RU/9A/t?a1=2012&a2=5&a3=3

THERE ARE NO US-MADE MBS TO PROSECUTE?

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

81 replies

= new reply since forum marked as read

Highlight:

STOCK MARKET WATCH -- Friday, 4 May 2012 [View all] Tansy_Gold May 2012 OP

After two days of lack-luster performance Demeter May 2012 #1

Facebook sets IPO range of $28-35 Demeter May 2012 #2

SPEAK OF THE DEVIL: Carlyle flat in stock market debut Demeter May 2012 #11

Sly Bailey to leave Trinity Mirror Demeter May 2012 #3

Why do I get the impression that pic was snapped half a second too soon? Tansy_Gold May 2012 #54

US raises criminal stakes in Mizuho probe Demeter May 2012 #4

Banks look to farm out SME lending Demeter May 2012 #5

Obama�s Not-So-Hot Date With Wall Street Demeter May 2012 #6

KO'd by feather after reading that Po_d Mainiac May 2012 #52

Until these f*wads are jailed and taken to court.... AnneD May 2012 #55

U'll love this....or perhaps not Po_d Mainiac May 2012 #58

He was framed! Fuddnik May 2012 #61

grrrrrr....... n/b (no bark) Tansy_Gold May 2012 #67

You fuckers on Wall ST. better shut your fucking mouths and... Hotler May 2012 #81

Walmart to pay more than $4.8 million in back wages for overtime wage theft Demeter May 2012 #7

That's not even pocket change Tansy_Gold May 2012 #9

Seventy-Five Thousand People Demand Bank of America End Its Political Donations Demeter May 2012 #8

America's Top Prison Corporation: A Study in Predatory Capitalism and Cronyism Demeter May 2012 #10

US Treasury still mulling floating-rate debt sales Demeter May 2012 #12

Gas Drilling Slows, Heating Up Prices Demeter May 2012 #13

ECB Loans Plant Seeds of European Disintegration Demeter May 2012 #14

Fannie Mae had seen benefits to lowering some home loans, documents indicate Demeter May 2012 #15

WANT A MONEY QUOTE? Demeter May 2012 #16

Chesapeake to Replace Chairman Demeter May 2012 #17

I'll take the job. Fuddnik May 2012 #20

Now you're talkin'. Ghost Dog May 2012 #70

SEC probes Chesapeake and its chief Demeter May 2012 #21

Bonds Prove Only Winners for First Time Since 2008 Demeter May 2012 #18

It's finally cooled off enough to think about food. Demeter May 2012 #19

UBS investors protest against pay plan Demeter May 2012 #22

What It's Like When the NYPD Raids Your Apartment At Dawn-- Because Your Roommate is in Occupy Demeter May 2012 #23

Goldman Sachs Banker in Probe for More Than Two Years Demeter May 2012 #24

BOJ Expands Asset-Purchase Fund to 40 Trillion Yen (LAST WEEK'S JAPANESE QE) Demeter May 2012 #25

Coal's Future Is Rocky at Best Demeter May 2012 #26

Texas pipeline firm buys Sunoco Demeter May 2012 #27

Europe�s Anti-Austerity Calls Mount as Elections Near Demeter May 2012 #28

BarCap commodites chief quits for rival Demeter May 2012 #29

Forget Bailouts, Watch Out For European Bank Bail-Ins Demeter May 2012 #30

How Apple Sidesteps Billions in Taxes Demeter May 2012 #31

Citigroup, Credit Suisse, Goldman Said to Prepare CDO Bid Demeter May 2012 #32

The fine print Po_d Mainiac May 2012 #57

Awash in money and piles of debt Demeter May 2012 #33

Greece May Delay Banks Plan (THIS IS WHAT HAPPENED 3 WEEKS AGO) Demeter May 2012 #34

Greek Debt Restructuring Leaves Dissent Question Demeter May 2012 #43

Today's the day for the jobs numbers. tclambert May 2012 #35

morning... xchrom May 2012 #36

The Euro Area Economy Is Deteriorating At A Disastrous Pace xchrom May 2012 #37

Tansy, I need a copy of that stamp Demeter May 2012 #39

someone tell me again what the stamp means? bread_and_roses May 2012 #42

I don't sleep Demeter May 2012 #45

Einstein also liked to take long bike rides.. girl gone mad May 2012 #75

PS Demeter bread_and_roses May 2012 #44

I am caught up, except for stuff from before March 15th, when I really got thrown by the Ides Demeter May 2012 #46

And if you want to be more depressed about it... girl gone mad May 2012 #72

Draghi says �more ambitious� reforms needed in euro zone xchrom May 2012 #38

Spanish banks �vulnerable� and may need public help, says IMF (VULTURES CIRCLING) Demeter May 2012 #40

A Choice Between Two Evils? xchrom May 2012 #41

Note the dramatic drop in crude oil prices Demeter May 2012 #47

We may be seeing similar market plays with oil as in PM's Po_d Mainiac May 2012 #56

Misery builds for the euro zone xchrom May 2012 #48

FTSE down nearly 1 percent on economy fears xchrom May 2012 #49

BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1% xchrom May 2012 #50

THE AUSTERITY ELECTION xchrom May 2012 #51

A petition for a �Europe of citizens� xchrom May 2012 #53

Analyst: Wells Fargo's 34% mortgage share troubles regulators xchrom May 2012 #59

Here is our warning for those who do not venture out SMW. kickysnana May 2012 #60

Thanks. Fuddnik May 2012 #63

So I guess the fact that I despise the Democrats.... AnneD May 2012 #66

You and me both, Sister (n/t) bread_and_roses May 2012 #73

Someone may need to chain me to the radiator in here. girl gone mad May 2012 #71

May the 4th be with you. n/t Po_d Mainiac May 2012 #74

I've got the fifth with me! Fuddnik May 2012 #76

lol! DemReadingDU May 2012 #77

Think globally....go metric! Po_d Mainiac May 2012 #79

OK, make it a 1.75! Fuddnik May 2012 #80

I just learned this today DemReadingDU May 2012 #78

Hmmmm.. The price of earl is down to $98.22 per bbl. Fuddnik May 2012 #62

Looks like the billionaires are recognizing they Warpy May 2012 #64

Our gas had been low at $3.69. Yesterday jumped to $3.89 DemReadingDU May 2012 #65

One thing I noticed living in Ohio. Fuddnik May 2012 #68

Conrad Black out of US prison, into hands of immigration Fuddnik May 2012 #69