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Judge OKs C-Bass's Chapter 11 liquidation plan

Posted by mortgage 389 days ago (Editorial)
NEW YORK (MarketWatch) -- A judge on Monday signed off on the Chapter 11 liquidation plan of C-Bass, the once high-flying marketer of securities backed by subprime mortgages that collapsed along with the residential mortgage market.
California Insurance Commissioner Steve Poizner announced that the California Department of Insurance Conservation & Liquidation Office (CLO) has settled four lawsuits that arose from the 2003 ...

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