An odd coalition of advocacy groups threatens to upend the NSA’s relationship with telecommunications and Internet companies with lawsuits claiming that the mass spying the agency conducts on Americans’ phone records and online activity is unconstitutional.
Credit card companies are increasingly turning to the legal system in their rush to collect money that is owed to them. But, there now exists a very big problem in this litigious-happy practice—nearly all these lawsuits may be flawed.
Federal regulators filed lawsuits against 17 financial institutions Friday afternoon for allegedly misrepresenting the poor quality of mortgage securities they sold to Fannie Mae and Freddie Mac at the height of the housing bubble. (more)