UBS Can't Derail Suit Over $6B In Bad Fannie, Freddie MBS

By Jeff Overley ( May 4, 2012, 5:19 PM EDT) -- UBS Americas Inc. on Friday lost its bid to stamp out a Federal Housing Finance Authority lawsuit in New York federal court accusing it of steering Fannie Mae and Freddie Mac into $6.4 billion worth of doomed securities....

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