CDO's Credit Default Swap Suit V. Wachovia Trimmed

By Erin Fuchs ( July 14, 2009, 12:00 AM EDT) -- A federal judge has pared the claims in a hedge fund's suit accusing Wachovia Bank NA of reneging on a credit default swap deal, ruling that the agreement allows the bank to demand the credit support challenged by CDO Plus Master Fund Ltd....

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