Morning Scan: Feds Worried About Nomura Litigation?; Cuomo Blasted

Wall Street Journal

An unsigned Journal editorial makes the argument that the feds are scared out of their wits by the potential of going to a jury trial in a case involving mortgage-backed securities. Japanese bank Nomura Â-- one of the 18 banks named in the Federal Housing Finance Agency 's 2011 lawsuit Â-- is willing to fight the government's lawsuit claiming Fannie Mae and Freddie Mac were victimized by the banks, which didn't inform the...