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December 17, 2011
By Donna Goodison And Jerry Kronenberg Royal Bank of Scotland subsidiary has agreed to pay $52 million to settle charges that it traded more than 700 “presumptively unfair” sub-prime mortgages given to Massachusetts homeowners during the housing boom. The payment will settle allegations that RBS Financial Products Inc., formerly known as Greenwich Capital Financial Products...
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The ink was barely dry on the bankruptcy filing of AMR Corp., the parent company of American Airlines, when Chris in Tulsa wondered “why companies can get away with things that individuals can’t.” “If I try to walk away from my debts and my creditors, everything in my life would be (messed) up for a...
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