Salvation Army Sues Bank For Risky Lehman Brothers, AIG Investments

Salvation Army Sues Bank For Risky Lehman Brothers, AIG Investments
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The southern division of the Salvation Army filed suit against the Bank of New York Mellon on Friday for almost $22 million, contending that the bank had "grossly mismanaged" assets belonging to the charity by investing them in mortgage-backed securities and other risky investments.

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