Defense lawyers for an individual indicted as part of a bid-rigging investigation in the municipal finance market mistakenly filed a court document identifying more than two dozen bank executives in the government's cross-hairs.

Do banks have the right to charge huge penalty fees for checking account overdrafts? A senior judge in Florida ruled that 15 cases raising such allegations can proceed to discovery in litigation that could cost the banks hundreds of millions of dollars.

Two different federal appellate courts have now been asked to answer a multibillion-dollar question for peddlers of mortgage-backed securities: Can the federal agency unwinding a group of failed credit unions and the conservator of Fannie Mae and Freddie Mac dodge the usual time limits for bringing securities claims?

VCG Special Opportunities Master Fund would probably prefer just to forget about two suits it filed against Citigroup and Wachovia claiming the banks breached credit default swap contracts. The hedge fund lost both cases, and now it has to pay Wachovia's legal fees.