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A bond insurance company fired back at Detroit's attempt to invalidate $1.45 billion of pension debt, claiming in a court filing late Wednesday that it was "fraudulently" led to guarantee payments on ...
The U.S. Securities and Exchange Commission charged Kansas with failing to disclose a "multibillion-dollar" pension liability to bond investors. Documents for eight bond offerings in 2009 and 2010 by ...
A U.S. pension fund has initiated a class action lawsuit against a group of the world's largest banks, accusing them of "conspiring" to scuttle competition in the $27 trillion credit default swap ...