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Nuns sue bank over subprime investment

Source: United Press International

Dubuque : IA : USA | 7 months ago

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Nuns from an order based in Iowa have sued a Boston bank, claiming that they were duped into investing $1 million in the subprime mortgage market. The lawsuit against the State Street Bank and Trust was filed in federal court in New York City, New York's Daily News reported Wednesday.

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