Tag Archive | "robert menendez"

Akaka: Bank investigations underscore need for 'Honest Broker' provision

Akaka: Bank investigations underscore need for ‘Honest Broker’ provision

MEDIA RELEASE According to news reports, federal authorities have begun investigations into whether numerous major banks misled investors about and bet against mortgage derivatives that they helped create. U.S. Sens. Daniel Akaka (D-HI) and Robert Menendez (D-NJ) said Tuesday, May 13 that this news, on the heels of similar charges filed against Goldman Sachs, underscores […]

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