Margin Call Charge Allows Thornburg Case Against Barclays to Advance

A federal judge this week ruled that the court-appointed trustee overseeing the liquidation of Thornburg Mortgage, Santa Fe, can move forward with a lawsuit against Barclays Capital alleging the investment banker made improper margin calls that helped drive the jumbo lender/servicer into bankruptcy.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_430/case-against-barclays-advance-1026528-1.html?CMP=OTC-RSS

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