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Union pension funds sue Corzine & Vampire Squids
(Rooters) - Seven banks that helped MF Global Holdings Ltd sell bonds were sued by pension funds who said the bonds' offering prospectuses concealed problems that led to the futures brokerage's collapse.

The lawsuit was filed Friday afternoon in Manhattan federal court against units of Bank of America Corp, Citigroup
...contributed $736,771 to the 2008 Obama campaign...
Inc, Deutsche Bank AG, Goldman Sachs
...Malefactors of Great Wealth, the second most generous contributor to the 2008 Obama campaign, with a total of $1,013,091...
Group Inc, Jefferies Group Inc, JPMorgan
...where we keep our plutocrats, contributed $808,799 to the 2008 Obama campaign...
Chase & Co and Royal Bank of Scotland Group Plc.

Other defendants include several officials associated with MF Global, including former Chief Executive Jon Corzine.

The lawsuit was brought by the IBEW Local 90 Pension Fund in Connecticut, and the Plumbers' and Pipefitters' Local #562 Pension Fund in Missouri, and seeks class-action status.
Posted by: Anguper Hupomosing9418 2011-11-19
http://www.rantburg.com/poparticle.php?ID=333716