Replies to post #234804 on Fannie Mae-No Politics (FNMA)

[Patswil]

The remaining cases involve Goldman Sachs, HSBC North America Holdings Inc., Nomura Holding America Inc. and RBS Securities Inc.,




U.S. District Court Judge Denise Cote in Manhattan has set a Sept. 29 trial date for Goldman Sachs. All but four of the FHFA cases have settled, Cote said today in a ruling. The remaining cases involve Goldman Sachs, HSBC North America Holdings Inc., Nomura Holding America Inc. and RBS Securities Inc., she said.

Goldman Sachs said earlier this month that it set aside $284 million in the second quarter for litigation and regulatory proceedings, up from $149 million a year earlier.

Fannie Mae and Freddie Mac have taken $187.5 billion in U.S. aid and have returned more than $200 billion under terms of their federal conservatorship.