"Meanwhile, U.S. securities regulators are in talks with several major Wall Street banks to settle fraud allegations related to mortgage-bond deals that helped spur the financial crisis."
"And three years after the financial crisis, U.S. securities regulators are weighing civil-fraud charges against some credit-rating companies, including Moody's Investors Service and Standard & Poor's, for their role in creating the mortgage-bond deals that helped unleash the financial crisis."
"The question now for investors in Wall Street banks is whether the firms had bought sufficient protection against the mortgage-bond selloff."