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Thursday, July 18, 2024 | Back issues
Courthouse News Service Courthouse News Service

About That $2 Billion …

MEMPHIS - Morgan Keegan & Co. and fund manager James Kelsoe misrepresented holdings in "low-priority tranches in structured finance deals backed by risky assets," which lost $2 billion in value in 2007-08, the Consulting Services Group claims in Shelby County Court.

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