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Small Law Firm’s Big Role In Bundling Mortgages

Publication Date: 
February 01, 2008
The New York Times
Lynnley Browning

Professor Joseph A Grundfest is quoted in a New York Times article about the legal implications of preparing a prospectus -- in this case for a security dealing with mortgage bundling:

“Anybody who touched the security in the process of creating or selling it is going to be subject to litigation,” said Joseph A. Grundfest, a business and law professor at Stanford and a former commissioner of the Securities and Exchange Commission.