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Taxpayers on Hook for Mortgage Executives' Legal Defense Costs

National News • November 7, 2008
When the U.S. government took over mortgage giants Fannie Mae and Freddie Mac, taxpayers inherited more than just bad debts. They're also potentially on the hook for tens of millions of dollars in ...

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Subject: RE: Legal Defense costs

Posted On: November 7, 2008, 1:57 pm CST
Posted By: BK
Comment:
DO they not owe them defense costs if they were acting "within the scope of their authority"? If their acts were not, then the argument should be your on your own for defense of fraud. If it was the board's direction to act in that manner then they all are on their own and personally liable.
Subject Posted By Posted On
RE: RE: fat cats soccer/insmom
Nov 10, 2008, 9:59 am
Taxpayers on Hook for Mortgage Executives' Legal Defense Cos Pedro
Nov 10, 2008, 6:58 am
RE: RE: AIG policy lastbat
Nov 7, 2008, 6:32 pm
RE: AIG policy notautoinsguy
Nov 7, 2008, 5:46 pm
AIG policy??? insguy
Nov 7, 2008, 4:30 pm
Give 'em 30 Days Dread
Nov 7, 2008, 2:52 pm
RE: fat cats Middle Class
Nov 7, 2008, 2:40 pm
Fanny Hussein Mae Obama bin Biden
Nov 7, 2008, 2:00 pm
RE: Legal Defense costs BK
Nov 7, 2008, 1:57 pm
Quote of the day Bill
Nov 7, 2008, 1:51 pm
RE: RE: RE: probably AIG policy too Donna
Nov 7, 2008, 1:45 pm
One Stipulation Dread`
Nov 7, 2008, 1:43 pm
Is Anyone Surprised? Louie Cypher
Nov 7, 2008, 1:32 pm
RE: RE: RE: probably AIG policy too AIG'er
Nov 7, 2008, 1:32 pm
RE: RE: RE: probably AIG policy too Blind
Nov 7, 2008, 1:32 pm
Legal Defense costs rcb
Nov 7, 2008, 1:26 pm
RE: RE: probably AIG policy too Compman
Nov 7, 2008, 1:08 pm
RE: probably AIG policy too lastbat
Nov 7, 2008, 10:12 am
probably AIG policy too Matt
Nov 7, 2008, 9:51 am
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