Subprime Mortgages and Theories of Liability - Deja Vu? - Part One
Michael Clark
August 8, 2008
In preparing for two speaking engagements about the Subprime Mortgage crisis (one for the “White Collar Practice for the Business Lawyer and In House Counsel Conference” (South Texas College of Law on August 1, 2008), and the other for the ABA Annual Meeting in New York City entitled “Regulatory and Criminal Investigations of the Subprime Mortgage Meltdown” (Section of Business Law on August 9, 2008)), I have had the benefit of reading many excellent articles and working drafts analyzing different aspects of the subject, as well as reflecting on my prior experience as a Chief of a Financial Institutions Fraud Section at the U.S. Attorney’s Office in the Southern District of Texas during the 1990s (near the epicenter of activity during the Savings & Loan Crisis) and also on my more recent experience in defending an individual in one of the Enron cases.
