Summary
WASHINGTON - The Securities and Exchange Commission is examining the books of major Wall Street banks to determine their vulnerability to home-loan defaults, a person familiar with the investigation said.
The person, who declined to be identified by name because the inquiry has not been publicly disclosed, described the examination as "Street-wide" and a routine part of the SEC's oversight authority.See the full content of this document
Extract
Agency Looking at Books of Big Banks
The inquiry was reported today by The ...
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