MBIA fraud case vs. BofAs Countrywide gets boost - Reuters

[FraudNews]

table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHYC49pNtxbuKpKOwEQZL VUwydcbQamp;url=http://newsandinsight.thomsonreuters.com/Legal/News/2012/01_-_January/NY_judge_gives_bond_insurers_many_routes_to_MBS_re covery_v__BofA/img src=http://nt1.ggpht.com/news/tbn/OYnET5Vg-bORlM/0.jpg alt= border=1 width=80 height=52 /br /font size=-2Thomson Reuters News Insight/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGKPXfiVtTYJIqp0iWpX4 IDH26a4gamp;url=http://www.reuters.com/article/2012/01/03/us-bankofamerica-countrywide-mbia-idUSTRE8021Q320120103bMBIA bfraud/b case vs. BofA#39;s Countrywide gets boost/b/abr /font size=-1bfont color=#6f6f6fReuters/font/b/fontbr /font size=-1New York State Supreme Court Justice Eileen Bransten ruled on Tuesday that to show bfraud/b, MBIA need only show Countrywide misled it about the $20 billion of securities it insured, not that the misrepresentations caused its losses. b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHozUz6ZOXgCaSI4EInqy KDNJhONwamp;url=http://www.ft.com/cms/s/0/bffea9a4-3657-11e1-9f98-00144feabdc0.htmlBofA suffers setback in Countrywide case/afont size=-1 color=#6f6f6fnobrFinancial Times/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFBud9rg6RWgcpHIdLKKV cYjG0ALwamp;url=http://www.housingwire.com/2012/01/03/ny-court-keeps-burden-of-proof-lower-in-mbia-v-bofa-caseNY court keeps burden of proof lower in MBIA v. BofA case/afont size=-1 color=#6f6f6fnobrHousing Wire/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGOxI8bUNKh5fPA6betTk Xjsyc2-wamp;url=http://www.huffingtonpost.com/2012/01/03/bank-america-mbia-lawsuit_n_1182190.html?ref%3DbusinessMBIA Lawsuit: Major Insurer#39;s Case Against BofA Gets Easier/afont size=-1 color=#6f6f6fnobrHuffington Post/nobr/font/fontbr /font size=-1 class=pa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFBELgu_ReZgT9hW4mRU4 hOpJfjmAamp;url=http://www.chicagotribune.com/business/breaking/chi-bond-insurer-cleared-to-sue-countrywide-20120103,0,3905464.storynobrChicago Tribune/nobr/anbsp;-a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGbTG833vh-gyjrGOFXrnRpxNY2rgamp;url=http://online.wsj.com/article/SB10001424052970203550304577139043766630090.htmlno brWall Street Journal/nobr/anbsp;-a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHYC49pNtxbuKpKOwEQZL VUwydcbQamp;url=http://newsandinsight.thomsonreuters.com/Legal/News/2012/01_-_January/NY_judge_gives_bond_insurers_many_routes_to_MBS_re covery_v__BofA/nobrThomson Reuters News Insight/nobr/a/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=d2o0ZJpHJkmXAhMFPe73 C_nIiSiaMnobrball 49 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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