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Dutch pension fund sues Credit Suisse over toxic RMBS

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Dutch pension fund sues Credit Suisse over toxic RMBS

Dutch pension fund Stichting Pensioenfonds ABP filed suit against banking giant Credit Suisse (CS: 23.48 0.00%), claiming the global bank sold the fund residential mortgage-backed securities without disclosing the toxic nature of the mortgages serving as collateral. The suit, which does not mention how much the fund purchased, claims the pension fund is one...
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