The Banksters

0x3…6f4

ERC721

The Justice Department announced a $5.28 billion settlement with Credit Suisse related to its conduct in the packaging, securitization, issuance, marketing and sale of residential mortgage-backed securities (RMBS) between 2005 and 2007. The resolution required Credit Suisse to pay $2.48 billion as a civil penalty under the Financial Institutions Reform, Recovery and Enforcement Act (FIRREA). It also required the bank to provide $2.8 billion in other relief, including relief to underwater homeowners, distressed borrowers and affected communities, in the form of loan forgiveness and financing for affordable housing. For more info visit https://www.justice.gov/opa/pr/credit-suisse-agrees-pay-528-billion-connection-its-sale-residential-mortgage-backed

Name

1149

Owner

0xdA1a941f2256469411f18170794bfC770078171B

ID#1149

Rarity

MID:36%