Apparent all right.Interesting how there were almost no suicides when Bush was president, and now, the Dems are offing themselves. If they off a Republican we will have civil war.Lets see what developes. So far its a purge by the Nationalist Socialists ( fascists )of Democrats.Mussolini and Hitler did the same with the bureaucrats who endangered them.
http://www.kilpatrickstockton.com/legalservices/services_detail.aspx?ID=SPM
Our Practice - Services - Subprime and Credit Markets Litigation
Following the collapse of the subprime mortgage market in 2007, there has been an unprecedented flood of litigation, proposed regulation and criminal investigation related to that market’s lending and underwriting practices, accounting standards, investment risk ratings, and the sale, marketing and investment in collateralized debt obligations (CDOs). Though banks worldwide have announced more than $100 billion in credit losses and write-downs since early 2007, most analysts estimate that total write-downs for losses in the subprime market could reach $800 billion by 2009. These losses have spurred a myriad of lawsuits against a broad range of defendants.
As of December, 2007, 32 class action lawsuits had been filed by investors against subprime lenders, underwriters and investors in CDOs. Investors and home-owners are also filing numerous individual lawsuits against the many participants in the subprime mortgage lending and securitization markets. Shareholders in public companies whose share prices have declined because of losses from CDO investments are filing cases against those companies and others. The claims alleged in these lawsuits include negligence, fraud, failure of financial statements to comply with GAAP, failure to disclose information regarding loan packages sold to investors, predatory lending, excessive fees, securities fraud, violations of state consumer protection laws, and many other types of substantive claims. A recent decision by the United States Supreme Court threatens to broaden the scope of potential claims by possibly allowing individual 401(k) participants to bring lawsuits when the value of their individual 401(k) plan declines. If a plan is invested in securitized debt or in companies with exposure to subprime credit markets, this case opens the door to lawsuits against the plan administrator and others if the value of the plan declines. The litigation arising out of this series of events has only begun to enter the courts but the defendants named in the cases already filed include:
mortgage lenders
mortgage brokers
banks
real estate agents
title companies
real estate appraisers
underwriters
accounting firms
loan servicers
investment banks
investors who purchased CDOs
hedge funds
investment advisors
credit rating agencies
insurers
public and privately held companies that invested in CDOs
Professionals in this Group:
http://www.kilpatrickstockton.com/attorneys/attorney_list.aspx?stlist=SPM
Levy, Mark I. Counsel Washington