US- In the week the US Federal Government took the historic decision to bail out stricken companies Fannie Mae and Freddie Mac, several pension funds have been investigating legal action to recover losses suffered in the two mortgage giants.
Gerald Silk, partner at Bernstein Litowitz Berger & Grossmann LLP, said: "We had a number of inquiries by pension systems who asked us to advise them on their rights with respect of litigation rela...
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