/9918578/Banner

/9918578/Banner_2

/9918578/Mid

section

articleId

product

orgType

parrefer

accountID

Consulting

Banking

Accounting

Fintech

Internships

Rankings

Internship Rankings

Intern Resource Center

Explore Internships

Vault Law Home

Practice Area Resource Centers

Regional Resource Centers

Summer Program Resource Center

Vault Law Culture & Inclusion Survey

Vault Law

Guides

Events

Financial Services

Technology

Grad School

Work Relationships

Productivity

Diversity, Equity & Inclusion

Social Impact

Remote Work

Negotiating

Changing Jobs

Workplace Issues

Blog

Resume Samples

Cover Letter Samples

Interview Tips & Questions

A Day in the Life

International

Career Readiness

Explore Professions

Research Industries

Search Companies

Career Advice

Employers

Schools

&lt;p&gt;Today, &lt;em&gt;The Wall Street Journal&lt;/em&gt; reported that New York attorney general Andrew Cuomo&#39;s office has issued subpoenas to several investment banks requesting information about the packaging and selling of debt tied to high-risk mortgages.&amp;nbsp; The investigation, reminiscent of former attorney general Elliot Spitzer&#39;s high-profile inquiries into Wall Street&#39;s research practices a few years ago, is looking into how closely investment banks such as Merrill Lynch, Bear Stearns and Deutsche Bank evaluated the quality of mortgages before bundling and then selling them to investors.&amp;nbsp; According to the &lt;em&gt;Journal&lt;/em&gt;, &quot;Among the questions is whether this effort was adequate, or if securities firms had a duty to do further due diligence.&quot;&lt;/p&gt;

Derek Loosvelt

Article

Investment Banking Internships for Summer 2027 Are Open: How, When, and Where to Apply

MBA vs. CFA: Which Pays Off More for Banking and Finance Professionals?

How AI is Changing Careers in Banking and Finance

Where the Vault Fintech 100 Firms Are Headquartered

The Library