I‘m not easily impressed. I think I have a good eye for spotting a phony, perhaps because the world is full of them. I’ve known talented people who are as phony as a three-dollar bill, as the saying goes. Integrity matters, but it’s not always easy to measure.
A U.S. District judge Monday dismissed three lawsuits--including one by the National Credit Union Administration--brought against U.S. Bank National Association and Bank of America, National Association regarding their duties as trustees of residential mortgage-backed securities.