Occupants of corporate corner offices and the boardroom all expect the in-house litigation chief to be the battlefield commander during crises like the subprime mortgage market's collapse. With the subprime meltdown fueling a litigation industry, mortgage lender Countrywide Financial's Sandor Samuels, one of 20 Fortune 250 GCs who also serve as litigation chiefs, is facing huge lawsuits on all fronts from disgruntled investors and shareholders to mortgage customers and government regulators.
Countrywide in Crosshairs as Mortgage Crisis Fuels Litigation
February 22, 2008
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