Judges and Judiciary
Mar. 28, 2008
Scathing Report Lambastes Subprime Lender’s Accounts
A federal judge in Delaware unsealed a sweeping, 550-page report Wednesday that details the collapse of New Century Financial Corp., an Irvine subprime lender whose bankruptcy in early 2007 marked one starting point of the credit crisis.
Daily Journal Staff Writer
This article appears on Page 1
LOS ANGELES - A federal judge in Delaware unsealed a sweeping, 550-page report Wednesday that details the collapse of New Century Financial Corp., an Irvine subprime lender whose bankruptcy in early 2007 marked one starting point of the credit crisis.
The report, written by an independent...
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