| 13:20 EDT |  | C, MS, GS, WFC, USB, BAC, JPM | 'Mortgage mess' may cost U.S. banks as much as $300B, NY Times says
Dozens of new claims against the U.S's largest banks, related to more than $1T worth of securities backed by residential mortgages that devalued during the financial crisis may potentially cost the U.S. banks as much as $300B, says the New York Times. Reference Link |
