Law Practice
Mar. 18, 2009
Former City Attorney Pins Hope on Derivatives
Michael J. Aguirre, the fiery former city attorney and pension reform crusader, has a new mission: making San Diego - and by extension his new law firm - the center of credit derivative litigation.
Daily Journal Staff Writer SAN DIEGO - Michael J. Aguirre, the fiery former city attorney and pension reform crusader, has a new mission; making San Diego - and by extension his new law firm - the center of credit derivative litigation. "These credit derivatives were presented as being a panacea, a cure-all for questionable credit issues," Aguirre said. "Many banks bought them, not fully appreciating what they were buying. This t...
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