Subprime Losers Blame Bear, Credit Suisse, JPM, Morgan Stanley This case needs to be watched closely. From the article: The Wall Street firms ``knowingly participated in the wrongdoing because they profited substantially, while they were not at risk on any monies loaned'' to American Business, Miller said in the complaint.... http://www.bloomberg.com/apps/news?pid=20601009&sid=avI34G5JBAjQ&refer=bond --RS
I lost 5K in buying a REIT stock yielding 15%, it went bankrupt. I didn't even know who to blame, lol.