AIG may pursue fraud case versus BofA over Countrywide - 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=AFQjCNENMpW9C2ScticPNnJnN4 pckOLkJQamp;url=http://newsandinsight.thomsonreuters.com/Legal/News/ViewNews.aspx?id%3D76745%26terms%3D%2540ReutersTop icCodes%2BCONTAINS%2B#39;ANV#39;img src=//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=AFQjCNG45QFzNTW-d7zOEAevh_yuSBhbHwamp;url=http://www.reuters.com/article/2013/05/07/us-bankofamerica-aig-lawsuit-idUSBRE9460WF20130507bAIG may pursue bfraud/b case versus BofA over Countrywide/b/abr /font size=-1bfont color=#6f6f6fReuters/font/b/fontbr /font size=-1In the $10 billion case, AIG accused Bank of America, Countrywide and Merrill of a quot;massivequot; bfraud/b by misrepresenting the quality of more than $28 billion of RMBS it bought, and lying to credit rating agencies about the underlying loans. Pfaelzer b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNENMpW9C2ScticPNnJnN4 pckOLkJQamp;url=http://newsandinsight.thomsonreuters.com/Legal/News/ViewNews.aspx?id%3D76745%26terms%3D%2540ReutersTop icCodes%2BCONTAINS%2B#39;ANV#39;Judge rules AIG, not NY Fed, owns bfraud/b claims vs Countrywide/afont size=-1 color=#6f6f6fnobrThomson Reuters News Insight/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?ncl=dfqBased4uyV4zMNVASb_d7E4_DSMamp;ned=en_z anobrball 11 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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