`2 US Government Suing 17 Banks For Nearly $200 Billion

US Government Suing 17 Banks For Nearly $200 Billion

on Sep 04, 2011 in Fox Business, Media Center by Ed Butowsky | No Comments »

Federal Regulators are suing 17 banks for selling mortgage giants, Fannie Mae and Freddie Mac, nearly $200 billion in mortgage backed securities. The question is why are they suing now? It’s been three years since the mortgage collapse, and now more than ever we need more banks to lend money. Ed Butowsky, managing partner of Chapwood Investment Management, joins Fox Business’ America’s News HQ to try and answer these questions.

Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.
 


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About Ed

Ed Butowsky is a nationally-recognized expert in investment management. Butowsky has been in the financial services industry for over 25 years. He was previously a Senior Vice President at Morgan Stanley and a Managing Director ... More »

Contact

Ed Butowsky, Managing Partner
Chapwood Capital Investment Management, LLC
Website: www.chapwoodinvestments.com
Email: ed@chapwoodinvestments.com
Phone: (972) 865-2225
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